Monday 25 December 2017

MIDEAST STOCKS-Gulf slips in thin trade, Egypt hits record high

MIDEAST STOCKS-Gulf slips in thin trade, Egypt hits record high:

"Gulf stock markets slipped on Sunday as trading volumes were mostly low because of the absence of many foreign investors for Christmas holidays. Egypt rose to a record high but volume was very low there too.

The Saudi index fell 0.4 percent as telecommunications firm Zain Saudi lost 2.0 percent and rival Mobily dropped 2.4 percent.

Arabian Cement fell 1.2 percent after saying its merger talks with Al Safwa Cement had ended without agreement. It did not elaborate."



'via Blog this'

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