MIDEAST STOCKS-Petchems lift Saudi but domestic-focused shares slump; Dubai up | Reuters:
"Shares in the petrochemical sector helped buoy Riyadh's stock index early on Thursday after oil prices firmed overnight, but some companies dropped after earnings misses that reflected weakness in the domestic economy.
Dubai's bourse was lifted by the real estate sector.
The Saudi petrochemical sub-index was up 1.0 percent after Brent crude prices rallied overnight to hit a high of $46 a barrel. The overall Saudi stock index was up 0.5 percent."
'via Blog this'
No comments:
Post a Comment