17-11-2016 06:48 via news.yahoo.com

MIDEAST STOCKS-Abu Dhabi may see profit-taking, Gulf set to end week mixed

Abu Dhabi's stock market may be pulled lower as short-term traders could choose to book profits on Thursday after a few leading bank shares soared on the previous day, while other regional markets may end a volatile week mixed. Shares in Union National Bank surged 12.3 percent and Abu Dhabi Commercial Bank jumped 5.8 percent on Wednesday because of renewed speculation that the government might merge more banks. Dubai's stock market is down 0.3 percent since Sunday, but may end the week flat as g
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