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Tuesday, 22 November 2016

MIDEAST STOCKS-Saudi shares rebound, outperform rest of Gulf | Reuters

MIDEAST STOCKS-Saudi shares rebound, outperform rest of Gulf | Reuters:
"Saudi Arabian stocks rebounded on Tuesday as oil prices hit a one-month high, outperforming other stock markets in the Gulf where traders booked profits.

Egypt's main index pulled back but foreign buyers continued to hunt for bargain buys, lifting the broader index.

Saudi Arabia's general market index rose 1.6 percent to 6,602 points, heading back towards technical resistance at the July peak of 6,703 points."

'via Blog this'