Tuesday 9 June 2015

MIDEAST STOCKS-Saudi Arabia, Egypt markets slip | News by Country | Reuters

MIDEAST STOCKS-Saudi Arabia, Egypt markets slip | News by Country | Reuters:



"Share prices in Saudi Arabia and Egypt edged down in early trade on Tuesday in line with other Middle East markets.



The main Saudi index slipped 0.4 percent with most stocks in the red. Saudi Electricity Co, down 3.1 percent, was the main drag on the benchmark.



Later on Tuesday, after Gulf markets close, index compiler MSCI will announce the results of its annual market classification review which analysts expect will launch the lengthy process of including Saudi Arabia in the emerging markets index widely used by active and passive funds around the world."



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