MIDEAST STOCKS-Gulf stocks little changed early Tuesday as investors await global cues:
"Gulf stocks were trading in a narrow range early on Tuesday as investors paused ahead of a U.S. Federal Reserve policy meeting and amid concerns that U.S. President Donald Trump could impose additional protectionist trade measures.
Oil prices edged up slightly, with Brent crude futures up 21 cents at $66.26 per barrel. The Fed’s first policy meeting under new chairman Jerome Powell begins later in the day.
The region’s biggest market, Saudi Arabia, was 0.1 percent lower, weighed down by banks. National Commercial Bank was down 0.4 percent and Samba Financial Group dropped 0.5 percent.
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'via Blog this'
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