Tuesday, 10 December 2019

MIDEAST STOCKS- #Saudi stocks ends winning streak before Aramco's debut - Agricultural Commodities - Reuters

MIDEAST STOCKS-Saudi stocks ends winning streak before Aramco's debut - Agricultural Commodities - Reuters:

Saudi Arabia's stock market fell on
Tuesday, ending a three-day winning streak, as investors braced
for Saudi Aramco's debut trade on Wednesday.

In Saudi, the benchmark index decreased 0.7% with
National Commercial Bank shedding 2% and Saudi British
Bank sliding 3.1%.

Elsewhere, Prince Alwaleed bin Talal's firm Kingdom Holding
plunged 6.1%.

Oil giant Saudi Aramco is listing its shares on
Wednesday on the Saudi exchange after completing the largest
initial public offering on record.

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