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Wednesday, 21 September 2016

MIDEAST STOCKS-Gulf edges up but Qatar slips in early trade | Reuters

MIDEAST STOCKS-Gulf edges up but Qatar slips in early trade | Reuters:

"Stock markets in the Gulf made small gains in early trade on Wednesday with investors buying small and mid-sized shares, while Qatar's index slipped as the FTSE passive funds inflow faded.

Riyadh's index rose 0.3 percent to 5,943 points after 45 minutes of trade, pulling slightly away from its technical support at the August low of 5,911 points.

Petrochemical shares firmed as Brent futures bounced back over $46 a barrel. The largest listed producer Saudi Basic Industries added 0.3 percent."



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