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Tuesday, 14 November 2017

MIDEAST STOCKS-Saudi, Dubai marginally higher in early trade | ZAWYA MENA Edition

MIDEAST STOCKS-Saudi, Dubai marginally higher in early trade | ZAWYA MENA Edition:

"Most Gulf stock markets were little changed in early trade on Tuesday as Saudi Arabia inched up, suggesting pressure from the kingdom's anti-corruption drive was easing.

The Saudi index was up 0.2 percent after 55 minutes of trade. In previous days, the index fell steeply in early trade as individual investors sold in response to the investigation, before buying by state-linked funds lifted the market towards the close.

The change in Tuesday's pattern suggested some confidence was returning. "



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