MIDEAST STOCKS-Gulf moves sideways in thin, early trade | ZAWYA MENA Edition

MIDEAST STOCKS-Gulf moves sideways in thin, early trade | ZAWYA MENA Edition:

"Gulf stock markets largely moved sideways in thin, early trade on Tuesday with activity dampened by the absence of some foreign investors for year-end holidays. The Saudi index was roughly flat in the first half-hour; the most heavily traded stock, Dar Al Arkan, fell 1.1 percent but the second most active, Chemanol, surged 3.8 percent. Saudi Industrial Export  jumped 6.9 percent as a capital decrease to 10.8 million riyals ($2.9 million) from 108 million riyals through a share cancellation went into effect. "



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