MIDEAST STOCKS-Saudi stocks see selling pressure; DSI down again in Dubai | Reuters:
Saudi Arabia’s stock market was under pressure on Tuesday as investors sold blue-chip stocks, while Dubai’s index was buoyed by banks and property shares. Investors were also taking stock of an announced commitment by the kingdom to keep balance and stability in the oil market. Oil prices rose on Tuesday after Libya declared force majeure on some of its crude exports. National Commercial Bank, the largest bank in Saudi Arabia, closed 1.9 percent down, while Al Rajhi Bank , the second-largest lender, finished 0.9 percent lower. Samba Financial Group was 1.3 percent down.
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