MIDEAST STOCKS-Banks aid Saudi index, most of Gulf moves little - Reuters:
Saudi Arabia’s stock market rose in early trading on Tuesday, supported by its financial shares, while other major Gulf bourses were little changed with many investors away for year-end holidays.
The kingdom’s main index added 0.3%, buoyed by a 0.3% rise in Al Rajhi Bank and a 1.2% gain in Banque Saudi Fransi.
On Monday, the latter raised its dividend for the second half to 1 riyal ($0.3199) per share.
State-owned Saudi Aramco inched up 0.1%.
Zain Sauid dropped 1.2%, snapping three straight days of gains, a day after ending agreement to sell and leaseback its towers infrastructure to IHS.
No comments:
Post a Comment