MIDEAST STOCKS-Saudi edges up on stable insurers, no earnings boost for QNB:
"Saudi Arabia’s stock market staged a modest rebound early on Thursday as insurance stocks stabilised, while solid quarterly earnings at Qatar’s biggest bank failed to boost that market.
The main Saudi index, which had sunk 2.2 percent on Wednesday, was up 0.2 percent in the first half-hour.
Twenty-five of the 33 listed insurance firms rose. All but one had dropped on Wednesday because of fears of an industry shakeout caused by a regulatory crackdown."
'via Blog this'
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