Thursday 1 November 2018

Mideast Stocks: Most Gulf markets trade up, banks weigh on Qatar | ZAWYA MENA Edition

Mideast Stocks: Most Gulf markets trade up, banks weigh on Qatar | ZAWYA MENA Edition:

Most Middle Eastern stock markets rose marginally on Thursday, with Saudi's index inching up after breaching technical support in the last session.

Saudi Arabia's index was up 0.1 percent, a day after breaching its 200-day average for the first time in three weeks.

Middle East funds have become more wary, but not outright bearish, toward Saudi Arabia's stock market because of concern over the fallout from the killing of Jamal Khashoggi, a monthly Reuters poll showed on Wednesday.

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