MIDEAST STOCKS-Saudi pulls back with oil, Egypt falls | Reuters:
"Saudi Arabia's stock market fell early on Monday after oil prices pulled back, while Egypt dropped again on currency jitters.
The Saudi bourse surged in the past few trading days in response to a rebound in oil prices. But Brent crude slipped 1.7 percent in Monday's Asian trade to below $35.50 per barrel, and the Saudi stock index fell 0.5 percent.
Petrochemicals were among the biggest losers, with Saudi Basic Industries down 1.4 percent."
'via Blog this'
No comments:
Post a Comment