Sunday 9 September 2018

MIDEAST STOCKS-Saudi market reverses some losses after last week's plunge | Reuters

MIDEAST STOCKS-Saudi market reverses some losses after last week's plunge | Reuters:

Gulf stock markets closed on a positive note on Sunday, reversing some of their losses earlier in the day.

The Saudi index in particular ended up gaining 0.6 percent, after having plunged last week on foreign investors’ concerns over emerging markets volatility.

The country’s main stock index fell below major technical support for the first time this year last week.

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