MIDEAST STOCKS-REITs shine in Saudi, trading volume shrinks in Qatar:
"Real estate investment trusts were some of the top gainers on Saudi Arabia's stock exchange on Monday, a day before the listing of a new trust, but bourses in the region were generally sluggish, especially Qatar. All four listed REITs were among the 10 most heavily traded shares in Riyadh, where the main index edged up 0.2 percent. Al Jazira Mawten REIT jumped 9.6 percent. Jadwa REIT Haramain Fund rose 1.3 percent. The trust said it would distribute a cash dividend of 0.1 riyal per share for the 75-day period to June 30."
'via Blog this'
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