Sunday 7 July 2013

MIDEAST STOCKS-Saudi shares up to fresh 15-mth high on Q2 optimism; Egypt down | Reuters

"Saudi Arabia's bourse rose to a fresh 15-month high on Sunday as investors bought on second-quarter earnings optimism and most other Gulf markets also rose, while Egyptian shares slipped off a one-month high.

The Saudi benchmark rose 0.6 percent to its highest level since April 2012 but trading volumes were thin in typical summer doldrums.

Most petrochemical shares gained, lifting the sector's benchmark up 0.7 percent."

'via Blog this'

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