MIDEAST STOCKS-Petchems pull down Saudi, Dubai developers active on earnings:
"Petrochemical shares dragged down Saudi Arabia’s stock market on Wednesday while Dubai real estate developers were actively traded after two of them reported third-quarter earnings.
The Saudi index fell 0.7 percent as 12 of 14 listed petrochemical producers dropped, with Yanbu Petrochemical down 1.9 percent.
Most have yet to report third-quarter earnings and will do so in the next few weeks. The biggest producer, Saudi Basic Industries, edged up 0.1 percent, however."
'via Blog this'
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