Dubai's index added 0.2 percent with Arabtec down 0.9 percent at 1.07 dirhams, bouncing from an early low of 0.97 dirham in very heavy trade.
It had plunged its 10 percent daily limit on the two previous days after the company reported a wider fourth-quarter loss and said its board was seeking shareholder approval for a 1.5 billion dirham ($408.4 million) rights issue.
SICO Bahrain had forecast Emaar would make a quarterly profit of 1.32 billion dirhams while EFG Hermes had forecast 1.64 billion dirhams. However, the profit was boosted by a write-back of a 301 million dirham provision taken a year earlier for the costs of a fire at an Emaar hotel.
AdvertisementSaudi Arabia's index was flat although Saudi Arabian Fertilizer Co fell 0.7 percent after saying its board had proposed a cash dividend of 1 riyal per share for the second half of 2016, down from 3 riyals a year earlier.
Abu Dhabi's index edged up 0.1 percent and Qatar gained by the same margin. Kuwait climbed 0.3 percent.
(Reporting by Andrew Torchia; Editing by Toby Chopra) ((email@example.com)(+9715 6681 7277)(Reuters Messaging: firstname.lastname@example.org))
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