MIDEAST STOCKS-Gulf markets slip in line with oil; Egypt up after China deal | Reuters:
"Most stock markets in the Gulf fell on Tuesday after a rebound in the Brent oil price proved short-lived and foreign fund inflows into Saudi Arabia remained tiny following the market's opening to international institutions this week.
The main Saudi index slipped 0.2 percent as heavyweights Saudi Basic Industries and National Commercial Bank lost 0.4 and 0.8 percent respectively.
Most other components of the provisional MSCI Saudi Arabia index also fell, having rallied in previous weeks in anticipation of increased demand when the market opened to direct foreign investment on June 15."
'via Blog this'
No comments:
Post a Comment