Mideast stocks: Gulf marginally firmer in early trade | ZAWYA MENA Edition:
"Gulf stock markets were marginally firmer in early trade on Sunday with most Saudi Arabian insurance company shares continuing to rebound from sharp losses last week.
The main Saudi stock index.TASI edged up 0.02 percent in the first hour. Amana Insurance, which had plunged 14.9 percent last week on expectations for a shakeout in the sector caused by tougher regulation, surged 6.6 percent.
Food company Almarai 2280.SE rose 2.9 percent after saying the Public Investment Fund, the main Saudi sovereign wealth fund, had retained a 16.3 percent stake in the company after a 25 percent capital increase through an issue of bonus shares. "
'via Blog this'
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