Property stocks buoy UAE Qatar
(MENAFN- Arab News) DUBAI: Major Middle Eastern stock markets rose after bargain-hunters came in at the lows encouraged by rebounds in overseas bourses and oil prices.
Dubai's index rose 1.1 percent as property-related stocks in particular recovered.
Emaar climbed 1.6 percent and mortgage provider Amlak the most heavily traded share surged 12.6 percent.
Abu Dhabi's index was up 0.9 percent as Aldar Properties gained 2.3 percent.
Qatar's market rebounded from early losses to close 1.6 percent higher aided by a 2.3 percent leap by Barwa Real Estate.
Tunisia's bourse climbed 0.3 percent after falling 1.0 percent on Monday.
Dubai's index rose 1.1 percent as property-related stocks in particular recovered.
Emaar climbed 1.6 percent and mortgage provider Amlak the most heavily traded share surged 12.6 percent.
Abu Dhabi's index was up 0.9 percent as Aldar Properties gained 2.3 percent.
Qatar's market rebounded from early losses to close 1.6 percent higher aided by a 2.3 percent leap by Barwa Real Estate.
Tunisia's bourse climbed 0.3 percent after falling 1.0 percent on Monday.
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