MIDEAST STOCKS-Gulf stocks sluggish as investors await company earnings | Reuters:
Gulf stock markets were sluggish on Sunday, with Saudi Arabia the biggest mover as investors took positions before more companies report financial results this week.
Al Rajhi Bank gained 0.6 percent and Jabal Omar Development was up 1.6 percent as the main Saudi index rose by 0.2 percent.
Dubai Investments slipped by 2.5 percent while Emirates Integrated Telecommunications Co(EITC), also known as du, edged down 0.6 percent. The company on Thursday posted a 1.3 percent rise in second-quarter net profit, buoyed by an increase in fixed-line revenue.
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