MIDEAST STOCKS-Banks and foreign flows boost Saudi market, Doha Bank weighs on Qatar:
"Saudi Arabia’s bourse was boosted on Thursday by financial sector gains and foreign cash inflows from other regional markets in anticipation of a possible upgrade of the Saudi market emerging market status by index compilers FTSE and MSCI.
Trading was mixed across the rest of the region. Egypt rose 0.5 percent on gains in the consumer sector while Dubai closed the week with a 0.8 percent loss.
In Qatar, the index shed 0.8 percent, dragged down by Doha Bank which plunged 10 percent on Thursday as the stock went ex-dividend."
'via Blog this'
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