MIDEAST STOCKS-Saudi moves sideways as instability over Khashoggi case eases | Reuters:
Saudi Arabia’s stock market moved sideways in a narrow range early on Wednesday as instability related to the disappearance of dissident journalist Jamal Khashoggi eased.
The index was flat after 45 minutes of trade, after swinging widely in the past several days on concern that the international furore over the Khashoggi case could hurt foreign investment inflows.
State-linked Saudi funds appeared to buy blue chips to support the market on Tuesday, fund managers in the region said, and this calmed nervous local retail investors.
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