Thursday 8 February 2018

MIDEAST STOCKS-Gulf narrowly mixed after Wall Street loses steam

MIDEAST STOCKS-Gulf narrowly mixed after Wall Street loses steam:

"Gulf stock markets were narrowly mixed in quiet, early trade on Thursday after Wall Street shares lost steam and oil prices fell overnight. Saudi Arabia’s index slipped 0.2 percent in the first 30 minutes with losers outnumbering gainers by a ratio of more than two to one. But food company Savola rose 1.1 percent after proposing raising its cash dividend to 1 riyal per share for 2017 from 0.75 riyal for 2016."



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