MIDEAST STOCKS-REITs, Al Rajhi continue rise in Saudi, region mostly quiet:
"Shares in real estate investment trusts and a major bank in Saudi Arabia were up on Wednesday morning while most equity markets in the region moved little. The Riyadh index rose 0.3 percent as Al Maather REIT , which listed on Tuesday, surged its 10 percent limit for a second straight day. Al Jazira Mawten REIT gained 2.2 percent and Taleem REIT rose 1.3 percent. Shares in REITs have been heavily traded since the start of the week as local investors have been attracted by the sudden surge in activity. "
'via Blog this'
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