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Sunday, 27 November 2016

MIDEAST STOCKS-Gulf consolidates in quiet trade | Reuters

MIDEAST STOCKS-Gulf consolidates in quiet trade | Reuters:
"Gulf stocks consolidated in a quiet market on Sunday with little corporate news to prompt trading, and with Friday's sharp pull-back in oil prices offsetting strength in bourses worldwide.

The Saudi stocks edged up 0.1 percent to 6,806 points in the first half hour. The index tested and failed to break technical resistance on its April peak of 6,876 points on Thursday.

The petrochemical index underperformed, dropping 0.4 percent, while the cement sector was also weak."

'via Blog this'