Wednesday 16 October 2019

MIDEAST STOCKS-Petrochemicals hurt #Qatar, Gulf mostly quiet early on - Reuters

MIDEAST STOCKS-Petrochemicals hurt Qatar, Gulf mostly quiet early on - Reuters:

Gulf stocks mostly rose early on Wednesday, although Qatari petrochemical shares pulled down that market.

Saudi Arabia’s index edged up 0.2%, with AL Rajhi Bank gaining 0.5% and Jabal Omar Development up 1.7%. 


Yamamah Cement gained 3.1% after posting third-quarter profit of 54.7 million riyals ($14.58 million), compared with a loss of 46.4 million riyals year ago.

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