Sunday 18 November 2018

MIDEAST STOCKS-Saudi hits one-month low on negative sentiment, Qatar Fuel rebounds | Reuters

MIDEAST STOCKS-Saudi hits one-month low on negative sentiment, Qatar Fuel rebounds | Reuters:

Saudi Arabia’s stock market fell to a one-month low on Sunday as banks led blue-chip declines amid negative investor sentiment, while Qatar firmed, helped by a rebound in Qatar Fuel shares.

United Arab Emirates markets were closed for a religious holiday, while other bourses closed mixed in lacklustre trade.

The Saudi index fell 2.2 percent, with 165 declining stocks out of 180 being traded and only 11 stocks advancing.

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