MIDEAST STOCKS-Most Gulf stocks dragged down by financial services; Dubai up - Reuters:
Most major Gulf stock markets fell on Wednesday, driven down by their financial-services shares, while Dubai gained along with its property shares.
In Saudi Arabia, the benchmark index edged down 0.1%. Al Rajhi Bank fell 0.5% and Banque Saudi Fransi dropped 2% after reporting a decline in third-quarter net profit, which it blamed on higher operating expenses and impairment charges.
Alahli Takaful fell 0.7% after third-quarter profit declined more than 35% as its general and administrative expenses rose.
Jarir Marketing added 0.6% after it proposed a third-quarter dividend of 2.5 riyals per share, higher than the Sthird quarter a year earlier.
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