Sunday 27 August 2017

MIDEAST STOCKS-Saudi Arabia's consumer-related shares buck weak regional trend

MIDEAST STOCKS-Saudi Arabia's consumer-related shares buck weak regional trend:

"Domestic demand-focused companies were the top performers in Saudi Arabia early on Sunday in an otherwise quiet stock market, while other bourses in the region were weak. The Riyadh index was up 0.1 percent after half an hour of trade, with food producers particularly strong; dairy maker Almarai gained 0.7 percent and Saudi Fisheries rose 1.4 percent. Bookstore and electronics retailer Jarir was up 0.3 percent after the company said it was opening a new store in Riyadh, its 40th outlet in Saudi Arabia."



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