MIDEAST STOCKS-Saudi institutions buy to arrest slide from Khashoggi death | Reuters:
Saudi Arabia’s stock index recovered most of its earlier losses on Monday, with government-linked funds continuing to bolster the market as concerns about the killing of Saudi journalist Jamal Khashoggi weighed.
The main index recovered to trade down only 0.2 percent after falling as much as 3.3 percent, similar to the previous session where it closed in positive territory despite an early sell-off.
State-linked Saudi funds have been buying blue-chips in a support operation since the market plunged last week, according to analysts.
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