MIDEAST STOCKS-Gulf stocks slip but Saudi property shares extend gains | Reuters:
"Gulf stocks edged down in response to weak oil prices and international markets on Monday, but shares of Saudi Arabian property developers gained further on hopes they would benefit from the country's economic reforms.
Dar Al Arkan Real Estate Development rose 2.3 percent to 6.60 riyals. The shares have been rising since the company announced last week it was in talks with the government to build homes under the kingdom's economic reform programme.
The stock is now trading well above the mean price target, 5.94 riyals, of eight analysts polled by Reuters."
'via Blog this'
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