Sunday 10 July 2016

MIDEAST STOCKS-Saudi, Egypt stock markets rise in early post-Eid trade | Reuters

MIDEAST STOCKS-Saudi, Egypt stock markets rise in early post-Eid trade | Reuters:

"Saudi Arabia's stock market rose in early trading on Sunday, the first day many Middle Eastern bourses re-opened after the Eid al-Fitr holiday, while the performance of other regional exchanges were mixed.

The main Tadawul index rose 0.8 percent, with most blue chip stocks higher, including Al Rajhi Bank and Saudi Basic Industries Corp, which were 2.6 percent and 0.3 percent higher respectively.

Saudi Arabia's midcaps were also broadly firmer on the first day of trading since June 30, led by Fawaz Alhokair and Dar Al Arkan which jumped respectively 4.3 percent and 7 percent."



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