25-01-2017 08:47 via news.yahoo.com

BUZZ-Dubai's Deyaar shares slip after Q4 earnings

Jan 25 (Reuters) - ** Shares in Dubai real estate firm Deyaar drop 2.3 percent to 0.65 dirham ** Company's 2016 financial statements showed drop in fourth-quarter profit to 48.3 million dirhams ($13.2 million) from 101.5 million dirhams a year ago, according to Reuters calculations ** That 52.4 percent decline was faster than 25.8 percent fall in full-year profit; company gave no reason for drop ** Stock has technical support at mid-January low of 0.63 dirham ** Dubai stock index rises 0.4 perce
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