Monday 8 February 2016

MIDEAST STOCKS-Saudi firms on oil, property firms support Egypt | Reuters

MIDEAST STOCKS-Saudi firms on oil, property firms support Egypt | Reuters:

"Saudi Arabia's stock market rose in early trade on Monday after oil prices firmed, while real estate shares supported Egypt's market.

The Saudi index climbed 0.7 percent in the first 15 minutes of trade as petrochemical blue chip Saudi Basic Industries gained 1.1 percent.

Most activity focused on second- or third-tier stocks, however, with property developer Al Andalus jumping 5.0 percent."



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