Shares in Dubai-listed global ports operator DP World rise 0.4 percent to $23.00 in early trade

Stock has rebounded 7.0 percent in past two trading days after sinking as much as 22.4 percent from its January peak, partly because of concern about threat of U.S.-China trade war

"We believe the company’s direct exposure to trade between these two countries is not significant although there could be some impact. Still, we believe that the stock price reaction is disproportionate to the real fundamental damage," says Al Mal Capital, which owns shares in company

Of 11 analysts rating stock, one has "strong buy", seven have "buy", two have "hold" and one has "sell", according to Thomson Reuters data; median target price $27.50

Stock faces technical resistance around 200-day average, now at $23.62

Dubai stock index falls 0.5 percent

(Reporting by Andrew Torchia) ((andrew.torchia@thomsonreuters.com; +9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))