MIDEAST STOCKS-Saudi falls as foreigners slow to enter newly opened market | News by Country | Reuters:
"Saudi Arabia's bourse fell on Monday as modest trading volumes indicated there were no big fund inflows from abroad on the first day that the market opened to direct foreign investment.
After rising as much as 0.5 percent in the opening minutes, the main Saudi stock index closed 0.9 percent lower as most blue chips in MSCI's provisional Saudi benchmark tumbled.
Saudi Basic Industries, the biggest petrochemicals firm in the kingdom, lost 1.5 percent and top lender National Commercial Bank retreated by 1.1 percent."
'via Blog this'
No comments:
Post a Comment