MIDEAST STOCKS-Gulf shares fall; Aramco closes lower - Reuters:
Gulf stocks mostly fell on Tuesday, with
financials pulling down Qatar, while Saudi Arabia's stock index
traded flat as energy and property shares moved sideways.
The Qatari index declined 0.8% with all its financial
stocks retreating. Qatar National Bank, the Gulf's
largest lender, dropped 1.6% and Qatar Islamic Bank
eased 1.2%.
Saudi Arabia's benchmark index was little changed.
Samba Financial Group shed 2.2% and Saudi Aramco
ended 0.6% lower. Dar Al Arkan gained 1.5%
and Makkah Construction was up 1.7%.
Saudi Industrial Services rose 2.8% after its Red
Sea Gateway Terminal unit signed a new 30-year concession with
the Saudi ports authority to develop the northern part of Jeddah
port.
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