MIDEAST STOCKS-Saudi soft again, Emaar and DSI hold back Dubai:
"Saudi Arabia’s stock market fell on Tuesday despite a big rebound by petrochemical company PetroRabigh, while Dubai Investments helped offset losses by real estate-related shares in that market. The Saudi stock index dropped 0.2 percent as PetroRabigh’s gain failed to bolster the petrochemical sector as a whole while banking and insurance stocks weighed heavily on the market. PetroRabigh jumped 4.3 percent in its heaviest trade since May after reporting third-quarter net profit of 706 million riyals ($188.3 million) versus a year-earlier loss of 211 million riyals, with sales surging 43 percent."
'via Blog this'
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