UPDATE 1-MIDEAST STOCKS-Gulf markets diverge on mixed news, dividends | News by Country | Reuters:
"Middle East stock markets were mixed by midday on Monday, driven by weaker oil and company-specific news as well as stocks going ex-dividend.
Oil prices extended losses from the previous session as Iran and six world powers tried to reach a deal that could add oil to the market if sanctions against Tehran are lifted. The two sides aim to reach a preliminary agreement by Tuesday.
The main Saudi index slipped 0.2 percent as petrochemicals giant Saudi Basic Industries Co edged down 0.4 percent. Another major drag was ex-dividend Savola Group, which dropped 2.0 percent."
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