UPDATE 2-MIDEAST STOCKS-Saudi Arabia edges up, Egypt slips | Reuters:
"Saudi Arabia's market rose in early trade on Monday, although at a slower pace than in the previous session when oil was rallying, while Egypt pulled back after performing very well in the last few weeks.
Saudi Arabia's stock index rose 0.4 percent and shares in Saudi Kayan Petrochemical Co jumped 2.6 percent.
The stock had surged its daily 10 percent limit on Sunday after the kingdom's oil ministry allocated more natural gas to Saudi Kayan for it to expand ethylene production at its petrochemical complex in Jubail."
'via Blog this'
No comments:
Post a Comment