MIDEAST STOCKS-Saudi supported by strong data, Industries Qatar pulls down Doha | Reuters:
"Positive economic data helped to support Saudi Arabia's stock market in early trade on Sunday while a fourth-quarter earnings miss by Industries Qatar dampened trading in Doha.
The Saudi index edged up 0.2 percent in the first 40 minutes with activity focusing on second- and third-tier stocks including Al Ahsa Development, up 3.7 percent.
Growth in Saudi Arabia's non-oil private sector accelerated to its fastest rate for 17 months in January after the government resumed paying overdue debts to the private sector, a purchasing managers' index based on a survey of companies showed on Sunday."
'via Blog this'
No comments:
Post a Comment