MIDEAST STOCKS-Gulf markets little changed in early trade - Reuters

MIDEAST STOCKS-Gulf markets little changed in early trade - Reuters:

Major Gulf stock markets were little changed early on Sunday, with the Saudi index slipping slightly on declines among energy companies.

Saudi Arabia’s benchmark index dipped by 0.3%, driven down by a 0.9% fall for oil giant Saudi Aramco and a 1.8% drop for Rabigh Refining and Petrochemical Company.

Al Rajhi Bank, however, firmed by 0.2% despite a fall in second-quarter profit.

The value of kingdom’s oil exports dropped by 65% year on year in May, representing a fall of nearly $12 billion, official data showed on Thursday.

Dubai’s main share index added 0.2%, with lender Emirates NBD rising 0.7% and Emaar Properties up 0.4%.