Monday 25 January 2016

MIDEAST STOCKS-Saudi dips in early trade as investors become skittish | Reuters

MIDEAST STOCKS-Saudi dips in early trade as investors become skittish | Reuters:

"Saudi Arabia's bourse slid in early trade on Monday, erasing some of the previous session's rebound as day traders booked quick profits and long-term investors awaited more market stability.

Riyadh's index dropped 0.8 percent. It rose 2.7 percent on Sunday.

The petrochemical sector, which has recently been the main influence on market direction, was down 0.9 percent."



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