Banking shares help Gulf markets edge up; Egypt extend losses
- Date: 21-Nov-2019
- Source: Arab News
- Sector:Financial Markets
- Country:Gulf
Banking shares help Gulf markets edge up; Egypt extend losses
article author: ReutersAuthor: Thu, 2019-11-21 02:07
DUBAI: Bank stocks helped support markets in the UAE on Wednesday, while Egypt's blue-chip index extended losses for a third straight session.
Dubai's index edged up 0.1 percent supported by Emirates NBD and Emaar Malls, which were up 0.4 percent and 1.6 percent respectively.
Air Arabia closed up 1.4 percent, stretching its winning streak to a third day. On Monday, the budget airline announced an order for 120 Airbus A320neo-family jets in a deal worth about $14 billion.Main category: Business & EconomyTags: GulfEgypt
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