Tuesday 28 July 2015

MIDEAST STOCKS-Saudi Arabia, Egypt stabilise after sell-offs | Reuters

MIDEAST STOCKS-Saudi Arabia, Egypt stabilise after sell-offs | Reuters:



"Stock markets in Saudi Arabia and Egypt moved little in early trade on Tuesday, stabilising after sharp declines earlier this week.



The main Saudi stock index inched up 0.1 percent after dropping 2.4 percent in the previous session in response to oil's weakness.



Banking blue chips, such as Al Rajhi, up 1.0 percent, and Samba Financial Group, which added 0.7 percent, were the main supports for the benchmark."



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