Thursday 4 June 2015

MIDEAST STOCKS-Saudi Arabia slips as oil falls; Egypt also soft - Yahoo News

MIDEAST STOCKS-Saudi Arabia slips as oil falls; Egypt also soft - Yahoo News:



"Saudi Arabia's stock market was slightly negative in early trade on Thursday after oil prices extended their falls, while Egypt's bourse also declined.



Oil prices, which dropped nearly 3 percent on Wednesday, slipped more ahead of an OPEC meeting to decide production policy at a time of global oversupply.



The main Saudi stock index edged down 0.2 percent as most blue chips declined. Petrochemicals sector leader Saudi Basic Industries was down 0.7 percent."



'via Blog this'

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