MIDEAST STOCKS-Saudi slips in wider Gulf falls ahead of holiday - Reuters:
Saudi Arabian stocks were weighed down by falls in financial shares on Monday as Gulf markets slipped ahead of Eid al-Fitr.
Many investors prefer to cash in holdings ahead of the Eid holiday, which lasts for a week in Saudi Arabia and at least three days in other Gulf countries.
Saudi’s stock index was down 0.3%, with market heavyweight Al Rajhi Bank shedding 0.9% and Samba Financial Group dropping 2%, while Arabian Centres dipped 1.9%. The mall operator’s stock has fallen in all four sessions since its listing on May 22.
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