MIDEAST STOCKS-Saudi soft in early trade as Q3 earnings released | Reuters:
"Saudi Arabia's stock market was slightly softer in early trade on Wednesday because of weak petrochemical shares, while some second-tier stocks moved in response to third-quarter earnings.
Top petrochemical producer Saudi Basic Industries edged down 0.3 percent. A strong rebound in the stock has stalled in the past couple of days after oil prices fell back.
This pushed the Saudi equity index down 0.3 percent in the opening minutes of Wednesday to 7,752 points, retreating further from technical resistance at 7,812-7,953 points, its highs in September and at the end of August."
'via Blog this'
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