Thursday, 13 August 2015

MIDEAST STOCKS-Gulf markets slip on oil price concerns, Q2 results | Reuters

MIDEAST STOCKS-Gulf markets slip on oil price concerns, Q2 results | Reuters:



"Most Middle East stock markets
edged down on Thursday as a brief rebound in oil prices failed
to improve investor sentiment and a series of disappointing
earnings announcements dragged down bourses in the United Arab
Emirates. 



Saudi Arabia's main index slipped 0.3 percent, with
most stocks giving up early gains and sliding into negative
territory.



The kingdom's biggest listed foodmaker, Savola Group
, edged down 2.6 percent and National Commercial Bank,
the largest Saudi Arabian lender, lost 0.6 percent."



'via Blog this'

No comments:

Post a Comment