Tuesday 6 November 2018

Mideast Stocks: Banks lift Saudi index, most Gulf markets mixed | ZAWYA MENA Edition

Mideast Stocks: Banks lift Saudi index, most Gulf markets mixed | ZAWYA MENA Edition:

Saudi Arabia's stock market inched up on Tuesday buoyed by the banking sector, while real estate shares propped up Dubai's index and other regional Gulf markets were mixed.

Saudi Arabia's bourse was up 0.4 percent after half an hour of trading, with Al Khaleej Training and Education jumping 5.7 percent after its third-quarter revenue rose.

Saudi Vitrified Clay Pipe rose 1.7 percent after reporting a 23 percent gain in profit for the same period.

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