Tuesday, 30 July 2019

MIDEAST STOCKS- #Saudi edges up on strong earnings, #Dubai extends gains - Reuters

MIDEAST STOCKS-Saudi edges up on strong earnings, Dubai extends gains - Reuters:

Saudi Arabian stocks edged up on
Tuesday, recovering from the previous session's biggest
single-day loss in a month, as strong earnings from two lenders
boosted most bank shares.

Dubai's bourse consolidated gains after touching nearly a
year-high on Monday.

The Saudi index was up 0.1%. Al Rajhi Bank
gained 1% after it posted a more than 4% rise in second-quarter
profit, as revenue from special commissions and investments
increased.

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