MIDEAST STOCKS-Gulf markets slip as Ramadan saps liquidity | Reuters:
"Most Gulf bourses slipped on Thursday, despite higher oil prices, as some local retail investors stepped back from the markets with the beginning of the Muslim holy month of Ramadan.
Saudi Arabia's main index edged down 0.4 percent and Al Rajhi Bank, down 1.0 percent, was the main drag on the benchmark.
Al Rajhi, a leading retail lender which accounts for a large share of Saudi Arabia's interest-free deposits, had risen 3.0 percent this week as investors bet on a hawkish statement by the U.S. Federal Reserve after its policy meeting."
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