MIDEAST STOCKS-Falling oil prices weigh on Gulf stocks - Reuters:
Stocks closed lower across the
Gulf on Sunday with markets overshadowed by a fall in oil
prices.
Saudi stocks eked out some early gains then went
into reverse, closing 0.1 percent lower. Al Rajhi Bank
initially rose after posting an increase in profits last week
but ended up with a 1.32 percent decline on the day.
Oil prices fell 3 percent on Friday, hitting sentiment
across the region, after U.S. President Donald Trump again
pressured the Organization of the Petroleum Exporting Countries
to raise crude production to ease gasoline prices.
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