MIDEAST STOCKS-Financials weigh on Saudi, blue chips gain in Egypt - Reuters:
Saudi Arabia's stock market fell
sharply on Sunday, dragged down by the financial and
petrochemical sectors, while Egypt's blue chips gained.
Saudi's index dropped 2%, with Saudi British Bank
(SABB) falling 3.5%, Samba Financial Group,
the Kingdom's third-largest bank by assets, shedding 3.4%, and
National Commercial Bank, the country's largest
lender, 3.3%.
Saudi International Petrochemical Co (Sipchem)
lost 4.2% and petrochemical giant Saudi Basic Industries
Corporation (SABIC) shed 2.4%.
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