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-   -   STOCKS NEWS MIDEAST-Modest gains in Saudi after succession move, U.S. talks (https://hameed.nwar.uk/vb/showthread.php?t=286741)

rss 03-31-2014 03:41 AM

STOCKS NEWS MIDEAST-Modest gains in Saudi after succession move, U.S. talks
 
0815 GMT - Saudi Arabia's main share index posts modest gains after the appointment of a deputy crown prince and a visit by U.S. President Barack Obama last week. The index adds 0.3 percent as most stocks rise following the naming of Prince Muqrin bin Abdulaziz as deputy crown prince, second in line to succeed King Abdullah in the world's top oil exporting nation, after his half-brother Crown Prince Salman. The appointment reduces uncertainty regarding succession in the medium term which has long clouded the local market. King Abdullah turned 90 last year and Crown Prince Salman is 78. ...

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