MIDEAST STOCKS-Gulf markets steady in early trade, SABB Takaful slides:
"Stock markets in the Gulf were mostly steady on Tuesday, ignoring another drop in oil prices amid oversupply concerns.
Brent crude, the global benchmark, was down 26 cents, or 0.5 percent, at $55.86 a barrel after losing 1.2 percent in the last session.
The Saudi stock index was almost flat after an hour. Sharia-compliant insurer SABB Takaful dropped 4.3 percent after the financial regulator temporarily stopped the company from issuing or renewing insurance or savings products, citing unspecified weaknesses in ITS internal controls."
'via Blog this'
No comments:
Post a Comment