Thursday 30 August 2018

MIDEAST STOCKS-Saudi market slips in early trade as Dubai, Abu Dhabi rise | Reuters

MIDEAST STOCKS-Saudi market slips in early trade as Dubai, Abu Dhabi rise | Reuters:

Saudi Arabia’s stock market slipped in early trade on Thursday as investors continued to book profits after gains at the start of the week, while Dubai’s bourse saw support from financials.

Saudi Arabia’s main index was down 0.5 percent, with National Commercial Bank down 0.9 percent, Al Rajhi Bank 0.6 percent lower, and Arab Bank dropping 1.0 percent.

The index closed lower on Wednesday, ending a three day winning streak.

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