Thursday, 5 April 2018

MIDEAST STOCKS-Gulf stocks mainly positive, Saudi continues rebound | ZAWYA MENA Edition

MIDEAST STOCKS-Gulf stocks mainly positive, Saudi continues rebound | ZAWYA MENA Edition:

"Gulf stock markets were mainly in positive territory on Thursday, with Saudi Arabia's index continuing to rebound after several days of profit-taking.

The Saudi index was up 0.6 percent, with United International Transportation Co up 2.2 percent and loss-making Saudi Arabian home furnishings maker Al Sorayai Trading climbing 2.2 percent.

The stock has climbed since the company said on Tuesday that chief executive Waiel bin Saad al-Rashid had resigned immediately for personal reasons, with a replacement to be announced later."



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