UPDATE 2-MIDEAST STOCKS-Saudi slips as Yemen urges ground intervention; Egypt up | Reuters:
"Saudi Arabia's stock market edged down in early trade on Thursday after Yemen's government called for military intervention on the ground, a move that could further escalate the conflict in which Riyadh plays a leading role.
Yemen urged the international community "to quickly intervene by land forces to save" the country, specifically in the cities of Aden and Taiz, according to a letter sent to the United Nations Security Council on Wednesday.
Saudi Arabia's index fell 0.6 percent as most stocks declined, including blue chips Saudi Telecom and Saudi Basic Industries, down 1.6 and 0.8 percent respectively."
'via Blog this'
No comments:
Post a Comment