Google+ Followers

Wednesday, 28 December 2016

MIDEAST STOCKS-Gulf bourses edge up in early trade, petchems buoy Saudi | Reuters

MIDEAST STOCKS-Gulf bourses edge up in early trade, petchems buoy Saudi | Reuters:
"Most major Gulf stock markets edged up in early trade on Wednesday in line with global bourses, as petrochemical producers led Saudi Arabia's bourse.

The Saudi index, which surged 1.3 percent on Tuesday to a new high for the year, climbed 0.3 percent in the first 15 minutes.

The petrochemical sector index added 0.5 percent after oil prices rose overnight. Relatively small companies in the sector outperformed, with Petrochem up 4.1 percent."

'via Blog this'