Mideast Stocks: Petchems hurt Saudi, Dubai weighed down by property stocks | ZAWYA MENA Edition:
The Saudi stock market dropped on Thursday as weak oil prices pressured its petrochemical firms, while weakness in property stocks such as DAMAC Properties weighed on Dubai stocks.
International Brent crude oil futures were at $60.88 a barrel, down 0.4 percent from their last settlement.
Saudi Arabia's index fell 0.4 percent, with industry heavyweight Saudi Basic Industries Corp sliding 0.7 percent.
No comments:
Post a Comment