Sunday, 20 May 2018

MIDEAST STOCKS-Saudi flat, Drake and Scull International lifts Dubai | Reuters

MIDEAST STOCKS-Saudi flat, Drake and Scull International lifts Dubai | Reuters:

"Gulf stock markets were mostly flat on Sunday amid low trading volumes and a lack of significant events. The Saudi index was little changed, while the Dubai index closed up 0.2 percent. The rest of the region closed down, but with losses limited. Global stocks dipped last Friday because of persistent concerns over trade tensions. Oil prices also slipped on Friday, with Brent crude futures falling 79 cents, or 1 percent, to settle at $78.51 a barrel. But the dip came after a sixth week of gains, with prices breaking through $80 a barrel last week for the first time since November 2014."



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