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Sunday, 25 September 2016

MIDEAST STOCKS-Gulf bourses start week down, but Qatar slightly up | Reuters

MIDEAST STOCKS-Gulf bourses start week down, but Qatar slightly up | Reuters:

"Petrochemical shares dragged Saudi Arabia's equity index lower in early trade on Sunday after oil prices fell 4 percent at the end of last week, while Qatar's main index regained some ground.

Riyadh's main index slipped 0.3 percent after 15 minutes of trade, with bellwether petrochemical producer Saudi Basic Industries declining 0.9 percent.

The retail segment was also weak, with one of the largest electronics stores, Jarir Marketing, down 1.0 percent."



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