Wednesday 9 December 2015

MIDEAST STOCKS-Bargain hunters help steady Saudi, Egypt | Reuters

MIDEAST STOCKS-Bargain hunters help steady Saudi, Egypt | Reuters:

"The Saudi and Egyptian bourses edged higher on Wednesday as bargain hunters scavenged for stocks that had tumbled this week.

Riyadh's index climbed 0.5 percent to 7,027 points, marginally above the psychological support level of 7,000 after breaching this mark on Tuesday.

Emaar Economic City surged 8.6 percent and was one of the most heavily traded stocks. It fell 3.9 percent a day earlier."



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