MIDEAST STOCKS-Saudi Arabia slips as oil falls; Egypt edges up - Yahoo News:
"Saudi Arabia's stock market slipped in early trade on Monday, tracking oil prices, while Egypt's bourse edged up on positive corporate news.
Brent crude dropped below $65 per barrel on Monday on expectations that OPEC production would remain high, stoking worries of oversupply despite declining U.S. rig operations.
The main Saudi stock index edged down 0.2 percent and heavyweight petrochemicals firm Saudi Basic Industries lost 1.0 percent. Most other stocks also declined."
'via Blog this'
No comments:
Post a Comment