15-02-2016 06:39 via rocketnews.com

MIDEAST STOCKS-Markets set to rise in global bounce; strong UAE earnings

DUBAI, Feb 15 (Reuters) – Middle East stock markets look setto firm on Monday as global bourses rebound in response torallies in European and U.S. banking stocks and a strong fixingfor China’s yuan after the end of the Lunar New Year. MSCI’s broadest index of Asia-Pacific shares outside Japan is up 2.3 percent on Monday morning and Japan’sNikkei has soared over 7 percent; oil prices have pulledback slightly but are holding on to most of Friday’s big gains. Gulf inv
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