MIDEAST STOCKS-Major Gulf markets subdued, Aramco falls again - Reuters:
All major Gulf markets opened in the red on Tuesday, dampened mainly by financials, while petrochemical shares weighed on Saudi Arabia.
The Saudi benchmark index was down 0.2% as Samba Financial Group lost 2.2%, while Saudi Arabian Mining Co dipped 1.4%.
Elsewhere, the kingdom’s oil giant Saudi Aramco dropped 0.3% to 35.5 riyals ($9.46). The state-owned firm took a breather in the previous session to snap four straight days of losses.
However Saudi Industrial Services Company rose 2.3% after its unit Red Sea Gateway Terminal signed a new 30-year concession with the Saudi ports authority to develop the northern part of Jeddah port.
No comments:
Post a Comment