MIDEAST STOCKS-Saudi shares drop after PMI points to economic slowdown | Reuters:
"Saudi Arabia's stock market fell
sharply on Tuesday after data pointed to an economic slowdown
due to low oil prices.
Other major Middle Eastern markets fared better, with
second-tier stocks favoured by speculators lifting Dubai.
The seasonally adjusted Emirates NBD Saudi Arabia Purchasing
Managers' Index, an indicator of growth in the non-oil private
sector, fell last month to 55.7 - its lowest since the survey
began in August 2009 - from 56.5 in September. "
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