Mideast Stocks: Global woes weigh on Saudi stocks as they join MSCI index-continued

May 29, 2019--Saudi's index fell 1.6%, weighed down by financial stocks, with Al Rajhi Bank decreasing 1.9% and Banque Saudi Fransi sliding 4.6%
Saudi Arabia's stock market slipped on Wednesday as weak global sentiment clouded the first day of trading for the market as a new member of the MSCI emerging markets index. Most other Gulf markets also dropped.

view more

Source: Zawya.com

Middle East ETP News