Tuesday, 1 January 2019

MIDEAST STOCKS- #Saudi edges down in tiny volumes | Reuters

MIDEAST STOCKS-Saudi edges down in tiny volumes | Reuters:

Saudi Arabia’s stock market edged down in very thin trade on Tuesday with the region’s other major bourses closed and many investors absent because of year-end holidays.

The Saudi index, which ended last year 8.3 percent higher, slipped 0.4 percent. Trading volume was the lowest since April 2014, according to Refinitiv data.

Al Rajhi Bank dropped 1.0 percent and petrochemical investment company Saudi Industrial Investment Group fell 3.5 percent.

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