Google+ Followers

Tuesday, 9 August 2016

MIDEAST STOCKS-Qatar snaps three-day winning streak, Saudi firms with oil | Reuters

MIDEAST STOCKS-Qatar snaps three-day winning streak, Saudi firms with oil | Reuters:

"Qatar's stock market index ended a three-day winning streak on Tuesday as local investors booked profits while Saudi Arabia's index rose, helped by firmer oil prices.

Doha's index, which had climbed as much as 0.7 percent earlier in the day, slipped in the final hour of trade to close 0.02 percent lower. It hit a nine-month closing high on Monday.

Shares on the MSCI emerging market index turned south, with Islamic lender Masraf Al Rayan dropping 2.1 percent and Qatar Islamic Bank falling 2.6 percent."



'via Blog this'