MIDEAST STOCKS-Saudi blue chips weigh on bourse; Egypt follows global stocks lower | Reuters:
"Most stock markets in the Gulf fell slightly on Wednesday with Saudi Arabia's telecommunications and food shares selling off after mixed earnings, while Egypt followed global shares lower.
The Saudi telecommunications sub-index dropped 3.3 percent, helping to push the overall stock index down 0.3 percent.
Etihad Etisalat (Mobily) dropped 7.8 percent to 29.50 riyals despite swinging to a first-quarter profit of 16.6 million riyals ($4.43 million) from a loss of 44.5 million riyals in the prior-year first quarter."
'via Blog this'
No comments:
Post a Comment