MIDEAST STOCKS-Saudi down in early trade as Aramco slips for a fourth day - Agricultural Commodities - Reuters:
Saudi Arabia’s stock market eased in early trade on Sunday as most financial and energy shares traded lower, meanwhile Qatar extended gains as bank shares rose.
Saudi’s index was down 0.2% after five consecutive days of gains. Oil giant Saudi Aramco dropped 1.1% to 35.1 riyals ($9.36) in its fourth straight fall.
Last week, Aramco was included in the MSCI, Saudi Tadawul index and FTSE benchmark.
Among banking shares , National Commercial Bank and Riyad Bank slipped 0.8 and 0.6%, respectively. The two lenders ended talks last week on their potential merger.
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