Wednesday 26 June 2019

MIDEAST STOCKS- #Saudi extends gains while most Gulf markets drop - Reuters

MIDEAST STOCKS-Saudi extends gains while most Gulf markets drop - Reuters:

Saudi Arabia’s stock market rose on Wednesday, lifted by Advanced Petrochemical, while political concerns continued to weigh on most other Gulf markets.

Saudi’s index was up 0.4% after snapping a four-day losing streak in the last session.

Advanced Petrochemical rose 5.9% after its Advanced Global Investment unit won a Government project to set up petrochemical plants for an estimated cost of $1.8 billion.

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