MIDEAST STOCKS-Alinma drags down Saudi index, Qatar rises, Dana weighs on Abu Dhabi | Reuters:
"After a strong opening on the back of last week’s firm oil prices, Gulf stock markets were mixed on Sunday, with the Qatari index lifted by Industries Qatar’s positive first quarter results and Dana Gas weighing on the Abu Dhabi exchange.
The Saudi index lost 0.3 percent after rising in early trade. Blue chip Saudi Basic Industries Corp lost 0.6 percent despite reporting a 5.4 percent rise in first-quarter net profit, broadly in line with analysts’ forecasts.
Islamic lender Alinma, one of the most heavily traded stocks, climbed 0.5 percent early on Sunday but had dropped 0.7 percent by the market close. The bank reported a quarterly profit rise of 38 percent year on year."
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