Monday, 24 June 2019

MIDEAST STOCKS- #SaudiArabia falls for a fourth day on Gulf concerns - Reuters

MIDEAST STOCKS-Saudi Arabia falls for a fourth day on Gulf concerns - Reuters:

Saudi Arabia’s stock market dropped for a fourth straight day on Monday as geopolitical concerns in the Gulf region weighed.

Yemen’s Houthi movement attacked Abha airport in southern Saudi Arabia on Sunday, killing one person and wounding 21 others, the Saudi-led coalition in Yemen said.

And tensions between Iran and the United States remained high after Secretary of State Mike Pompeo said the U.S. would announce “significant” sanctions against Tehran.

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