QE nears 11,100 on dividend optimism
16 Jan 2014 05:26 GMT
 

Upbeat earnings in Saudi Arabia helped lift the market to a new five-year high yesterday, while other regional shares also gained. The main Saudi i (more)

Upbeat earnings in Saudi Arabia helped lift the market to a new five-year high yesterday, while other regional shares also gained. The main Saudi index climbed 0.6% to its highest close since September 2008. Abu Dhabi's benchmark climbed 0.5%, up for a first session since Monday's five-year high. Dubai's measure advanced 0.3% to a fresh five-year high. Builder Arabtec jumped 5.2%. Elsewhere, Kuwait's index climbed 0.6%, halting a three-session dip, while Oman's bourse added 0.3%, hovering just below Sunday's five-year high. Bahrain's index gained 0.3% to 1,273 points.

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