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Wednesday, 25 January 2017

MIDEAST STOCKS-Gulf mostly firm, Saudi and Kuwait continue uptrends | Reuters

MIDEAST STOCKS-Gulf mostly firm, Saudi and Kuwait continue uptrends | Reuters:

"Gulf stock markets were mostly firm in early trade on Wednesday with Saudi Arabia and Kuwait leading the region up, as they have for several days.

The Saudi index climbed 0.7 percent in the first hour. Builder Khodari, which has been strong in the past week on expectations for a better Saudi construction market this year as austerity steps slow, surged 4.8 percent.

Kuwait's index gained 0.8 percent in heavy trade with activity focused on real estate companies; Abyaar Real Estate jumped 6.9 percent."



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