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Monday, 28 November 2016

MIDEAST STOCKS-Gulf markets move sideways in early trade | Reuters

MIDEAST STOCKS-Gulf markets move sideways in early trade | Reuters:
"Gulf stock markets moved sideways in early trade on Monday with little fresh corporate news to spur buying, while uncertainty over oil prices also deterred some investors.

Saudi Arabia's index was flat after 70 minutes of trade with most petrochemical companies little changed and the banking sector index edging down.

Real estate developer Jabal Omar gained 1.4 percent after saying it had ended a contract with builder Saudi Binladin Group, settling an outstanding 196 million riyal ($52.3 million) debt to Binladin by transferring to it ownership of units in a project."

'via Blog this'