Sunday 28 October 2018

Most Mideast Stocks Retreat as Traders Eye Earnings - Bloomberg

Most Mideast Stocks Retreat as Traders Eye Earnings - Bloomberg:

Most equity indexes in the Middle East declined as investors focus on third-quarter results.

Volatility in Saudi stocks dropped to the lowest level in two weeks as the uproar over the killing of columnist Jamal Khashoggi in Istanbul dissipate. Saudi Basic Industries Corp. fell even after third-quarter profit met analysts’ estimates.

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