UPDATE 2-MIDEAST STOCKS-Markets in Saudi Arabia, Egypt slip | News by Country | Reuters:
"Saudi Arabia's stock market edged down in early trade on Monday as Brent oil slipped below $65 per barrel and heavyweight Saudi Telecom went ex-dividend. Egypt's market was also soft.
Brent crude slid 0.6 percent to $64.88 per barrel by 0920 GMT, after Saudi Arabia's deputy oil minister said the oil market was "excellent" and the kingdom was keen to maintain its market share.
The main Saudi stock index slipped 0.3 percent to 9,700 points and Saudi Telecom was the main drag, dropping 2.1 percent as its shares stopped carrying a quarterly dividend."
'via Blog this'
No comments:
Post a Comment