MIDEAST STOCKS-Banks lead Saudi down, Qatar Fuel rebounds | Reuters:
Saudi Arabia’s stock market fell on Sunday morning as banking shares led blue chip declines, while Qatar was firm on the back of a rebound by Qatar Fuel.
United Arab Emirates markets were closed for a religious holiday, while other Gulf bourses were mixed in quiet trade.
The Saudi index fell 1.1 percent in the first 75 minutes with Al Rajhi Bank losing 0.8 percent and National Commercial Bank, the kingdom’s largest lender by assets, down 0.9 percent.
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