MIDEAST STOCKS-Most Gulf markets fall, weak earnings hit Saudi - Reuters:
Saudi Arabia’s stock market fell on Sunday, ending a three-day winning streak weighed down by lacklustre corporate earnings, while other Gulf markets were mixed.
In Saudi Arabia, the benchmark index was down 0.2%. Saudi Basic Industries fell 1% after it posted an 86% fall in third-quarter net profit.
The firm recorded a 1.5 billion riyal impairment provision related to its stake in Switzerland’s Clariant AG.
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