MIDEAST STOCKS-Saudi exchange opens slightly lower after big losses last week | Reuters:
The Saudi exchange opened in negative territory on Sunday, extending – even if only marginally – significant losses accumulated at the end of last week as investors were rattled by emerging markets volatility.
Elsewhere in the Gulf, markets were mixed, with the Dubai exchange gaining in early trade and the Abu Dhabi index, instead, shedding some value.
The Saudi index, down 0.2 percent after 30 minutes of trading activity, was pulled down by losses across various sectors including insurance and real estate. Dar Al Arkan Real Estate Development Co was among the worst performers, down 2.2 percent.
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