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-   -   MIDEAST STOCKS-Saudi Arabia edges up, Egypt slips ahead of election ruling (https://hameed.nwar.uk/vb/showthread.php?t=1232971)

rss 03-02-2015 07:53 AM

MIDEAST STOCKS-Saudi Arabia edges up, Egypt slips ahead of election ruling
 
(Updates with Saudi Arabia, Egypt open) DUBAI, March 1 (Reuters) - Stock markets in Saudi Arabia and Egypt stayed in tight ranges in early trade on Sunday. Saudi Arabia's main index edged up 0.2 percent as petrochemicals giant Saudi Basic Industries climbed 0.2 percent after oil prices rallied on Friday. Al Rajhi Bank, which will pay a 0.5 riyal per share dividend on Monday, edged up 0.5 percent. But telecommunications stocks Zain Saudi and Saudi Telecom sank 4.8 and 0.9 percent respectively, while shares in their competitor Mobily remained suspended. ...

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