MIDEAST STOCKS-Major Gulf bourses end week on firm footing, Egypt slips:
"Most major stock markets in the Gulf rose on Thursday with Saudi Arabia's index gaining strength from positive company-specific news while shares of one of Egypt's property developers dropped as its quarterly earnings missed estimates. The Riyadh index added 0.7 percent as all 12 listed banks rose, with Alawwal Bank adding 2.4 percent. Atheeb Telecommunications climbed 2.5 percent to 8.21 riyals in its highest traded volume since June 2016 after it swung to a quarterly net profit of 55.4 million riyals ($14.8 million) from a loss of 58.1 million riyals a year ago."
'via Blog this'
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