MIDEAST STOCKS-Gulf up on Saudi reassurance, M&A talk; Egypt slides | Reuters:
"Most Gulf bourses edged up on
Monday on mostly positive domestic news, shrugging off weaker
oil prices, while Egypt fell after a string of announcements
that dampened investor sentiment.
The main Saudi stock index rose 0.7 percent and food
maker Savola Group was one of the main supports,
surging 4.0 percent.
Savola has joined with Singapore's Temasek Holdings to bid
for Kuwait Food Co (Americana), Bloomberg reported on
Sunday, quoting unnamed sources."
'via Blog this'
No comments:
Post a Comment