Monday 1 July 2019

MIDEAST STOCKS- #Saudi weighed down by lenders, #Qatar extends gains - Reuters

MIDEAST STOCKS-Saudi weighed down by lenders, Qatar extends gains - Reuters:

Saudi Arabia’s stock market snapped a four-day winning streak on Monday, weighed down by its financial stocks, while Qatar extended gains as a stock split continued to attract investors.

Saudi’s index was down 0.1% with banks leading the retreat. Saudi British Bank fell 1% and the lender Samba Financial Group dropped 0.8%.

But Tihama Advertising And Public Relations And Marketing Holding jumped 6.1% after posting a higher full-year profit.

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