Thursday, 26 March 2015

MIDEAST STOCKS-Gulf markets end well off lows after panic over Yemen | Reuters

MIDEAST STOCKS-Gulf markets end well off lows after panic over Yemen | Reuters:



"Most Middle East stock markets fell on Thursday after Saudi Arabia and its allies in the region launched air strikes against Yemen's Houthi militia, but they came well off their lows late in the day as the initial panic subsided.



Saudi Arabia's bourse, which is by far the region's biggest market and closes later than others in the Gulf, finished higher.



Warplanes attacked the Yemeni capital Sanaa's airport and its al Dulaimi military airbase on Thursday after the Houthi militia and its army allies advanced towards the city of Aden a day earlier."



'via Blog this'

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