Saudi climbs on new labour minister, TAQA drags down Abu Dhabi | ZAWYA MENA Edition:
"Saudi Arabia's stock market rose in early trade on Sunday after businessman Ahmed bin Suleiman al-Rajhi was named minister of labour at the weekend, while Abu Dhabi National Energy (TAQA) dragged down that market. The Saudi stock index was 1.4 percent higher at 8,275 points after 45 minutes of trade, nearing technical resistance on April's multi-year peak of 8,345 points. Al Rajhi Bank surged 3.0 percent; the new minister is a son of the founder of the bank. Other banks were strong in sympathy."
'via Blog this'
No comments:
Post a Comment