Thursday 18 September 2014

MIDEAST STOCKS-Saudi rises on economic reform plans; better global mood boosts region | Reuters

MIDEAST STOCKS-Saudi rises on economic reform plans; better global mood boosts region | Reuters:



"Saudi Arabia's stock market led the region higher on Wednesday because of optimism over the government's economic reform efforts, while other markets were buoyed by a more positive global mood.



The main Saudi index gained 0.8 percent to 11,081 points, with major mining company Ma'aden rising 3.1 percent.



The Capital Market Authority said on Wednesday that it would permit off-market trading of shares in companies which had been suspended or delisted from the exchange."



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