MIDEAST STOCKS-Banks weigh on Saudi, Other Gulf markets mixed - Agricultural Commodities - Reuters:
Saudi Arabia’s stock market fell sharply on Tuesday amid escalating trade tensions between China and the United States, while Qatar and Abu Dhabi opened higher on back of their financials.
A year-long U.S.-China trade war boiled over on Monday as Washington accused Beijing of manipulating its currency after China let the yuan drop to its lowest point in more than a decade.
The Saudi Arabian index was down 1.3%, continuing its losing streak for the fifth straight session as all its banking shares declined.
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