ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Saudi post-budget rally stalls
Reuters The Saudi Arabian stock market’s post-budget rally ran out of steam on Monday as the index neared technical resistance, while United Arab Emirates bourses outperformed the region. The Saudi index added 1.5 percent on Sunday in reaction to Riyadh’s modestly expansionary state budget for 2017. But it closed 0.3 percent lower at 7,166 points on Monday in lower …
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