Thursday, 17 September 2015

MIDEAST STOCKS-Gulf markets pull back alongside oil; Egypt flat | Reuters

MIDEAST STOCKS-Gulf markets pull back alongside oil; Egypt flat | Reuters:



Most Gulf equity markets fell on
Thursday as volatile oil gave up early gains and slid on weak
Japanese data, while concerns about a major Saudi Arabian
construction firm also weighed on the Riyadh stock exchange.



The main Saudi stock index fell 0.7 percent with
Alinma Bank, down 5.1 percent, one of the main drags.



Another lender, Al Rajhi, fell 0.9 percent while
National Commercial Bank, the kingdom's biggest bank,
dropped 2.7 percent."



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