MIDEAST STOCKS-Middle Eastern stocks dip as China virus fears escalate - Agricultural Commodities - Reuters

MIDEAST STOCKS-Middle Eastern stocks dip as China virus fears escalate - Agricultural Commodities - Reuters:

Saudi's benchmark index ended down 0.7%, with Al
Rajhi Bank and Saudi Basic Industries
shedding 0.6% and 1.2%, respectively.

Saudi Kayan Petrochemical plunged 4.3%, its
biggest intraday fall since April. On Thursday, the firm
reported that its fourth-quarter loss widened to 167.4 million
riyals ($44.63 million).

Saudi Arabia Fertilizers Co (SAFCO), which posted
a 40.5% decline in fourth-quarter profit, dropped 2.3%.

However, National Medical Care leapt 4.2% after
announcing a higher dividend of 2 riyal per share for 2019.

The Dubai index eased 0.6%, hurt by a 1.4% decline
in Dubai Islamic Bank and a 0.7% fall in Emirates NBD
Bank.