MARKET TALK: Most Gulf markets end up; Focus now on valuations, outlook

Thursday, May 02, 2013

1024 GMT [Zawya Dow Jones]--Most Persian Gulf stock markets end slightly higher on Thursday. Focus now on valuations and outlook for the year as most regional blue chips have reported their quarterly financials, a Muscat-based fund manager says. Abu Dhabi's market ends up 0.2% at 3280.18; Doha's benchmark index rises 0.9% to 8748.68 and Kuwait +0.4% at 7593.84. Dubai shares finish 0.4% lower at 2128.79 on profit taking after some sharp recent gains; the market is still up more than 31% for the year.(nikhil.lohade@dowjones.com; Twitter: @ZDJnews)

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02-05-13 1026GMT