MIDEAST STOCKS-Financials weigh on Saudi and Qatar markets - Reuters:
Saudi Arabian and Qatari stocks slipped in early trade on Monday, pulled lower by a drop in financials in both the countries.
Saudi Arabia’s benchmark index was down 0.5% at 7,926 points, set for its fourth session of losses in five. Riyad Bank dropped 1.4% and Arab National Bank dipped 1.2%.
Saudi Advanced Industries declined 4.9% after it said that an agreement for the sale of its 10% stake in Alsalam Aerospace Industries was extended further for a period of six months.
No comments:
Post a Comment