Sunday 4 September 2016

MIDEAST STOCKS-Gulf rises in quiet trade, Saudi blue chips strong | Reuters

MIDEAST STOCKS-Gulf rises in quiet trade, Saudi blue chips strong | Reuters:

"Most Gulf stock markets rose in quiet, early trade on Sunday after oil prices and global bourses climbed on Friday.

Saudi Arabia's index added 0.5 percent in the first half hour as, among blue chips, Saudi Basic Industries climbed 0.6 percent and Al Rajhi Bank rose 1.3 percent.

In Dubai, the index added 0.7 percent with GFH Financial, the most heavily traded stock, surging 3.1 percent.

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