MIDEAST STOCKS-Banks strong in Saudi Arabia, DP World down after flat profit:
"Banking shares were buoyant in Saudi Arabia on Thursday morning while blue chips helped lift Dubai slightly, although port operator DP World underperformed because of uninspiring interim financial results. Al Rajhi Bank was up 0.3 percent, heading for its seventh straight straight session of gains. Most other Saudi lenders were also strong, with National Commercial Bank rising 0.6 percent, helping lift the Riyadh index 0.1 percent after 25 minutes of trade. In Dubai, the index was up 0.3 percent on the back of a 1.5 percent gain in the largest property developer, Emaar Properties."
'via Blog this'
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