MIDEAST STOCKS-Gulf markets mixed, Saudi stocks slip on banks:
"Gulf stock markets were mixed at Sunday’s close, with Abu Dhabi and Dubai ending the day in a narrow range, while the Saudi stock market, the biggest in the region, dropped 0.57 percent, amid weakness in energy and financial stocks. The Gulf market took little respite from a rise in oil prices and a rebound for Wall Street stocks on Friday and following U.S. President Donald Trump announced plans to impose tariffs on steel and aluminium imports. “The low liquidity is still affecting the United Arab Emirates stock market and there seems little interest to allocate funds that are sitting on the side,” said Tariq Qaqish, Managing Director Asset Management at Menacorp in Dubai."
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