Wednesday 20 June 2018

MIDEAST STOCKS-Saudi flat ahead of MSCI decision; other markets down | Reuters

MIDEAST STOCKS-Saudi flat ahead of MSCI decision; other markets down | Reuters:

"Saudi stocks were almost flat in morning trade as investors awaited a decision from global index compiler MSCI on whether to include Saudi Arabia and its $526 billion bourse in its emerging market indexes at a review of its widely-tracked benchmark on Wednesday. Other Gulf markets declined in largely muted trading as many investors are still on holiday for the Muslim festival of Eid. The main Saudi index shed 0.15 percent by 0821 GMT."



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