Sunday 13 May 2018

MIDEAST STOCKS-Saudi Arabian stocks lead regional gains with blue-chip boost | Reuters

MIDEAST STOCKS-Saudi Arabian stocks lead regional gains with blue-chip boost | Reuters:

"Saudi Arabia led gains among largely positive Gulf markets on Sunday, bolstered by a surge in blue-chip stocks. The Saudi index was 1.1 percent higher at 0830 GMT with Al Rajhi Bank, the kingdom’s second largest bank by assets and one of the main beneficiaries of a huge inflow of foreign money this year, rising 1.8 percent. Another gainer was the biggest petrochemical producer, Saudi Basic Industries, which added 1.4 percent."



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