Wednesday 7 March 2018

MIDEAST STOCKS-Gulf stocks slip on global trade worries; Saudi flat

MIDEAST STOCKS-Gulf stocks slip on global trade worries; Saudi flat:

"Gulf stock markets mostly opened lower on Wednesday, while Saudi stocks stayed flat, as fears of a trade war weighed on global markets after the departure of a free trade advocate from the White House. Qatar’s stock market slipped 0.2 percent after rebounding slightly on Tuesday following a two-month low the day before. Among the losers, Vodafone Qatar, was down 2.9 percent and the third most traded stock on the index. Saudi stocks traded roughly flat at 0.1 percent, buoyed by optimism on the overall market outlook despite the global slump."



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