MIDEAST STOCKS-Gulf bourses diverge in early trade | Reuters:
"Stock markets in the Gulf trod separate paths on Monday, with Saudi Arabia's market lagging while the two main markets in the United Arab Emirates held on to small gains.
Riyadh's index was down 1.2 percent after an hour of trade amid a sell-off in petrochemical shares after oil prices weakened.
Brent oil was down 0.9 percent at $48.25 a barrel; mid-sized petrochemical producers were hit hardest, with Saudi Kayan dropping 3.0 percent."
'via Blog this'
No comments:
Post a Comment