Saudi stocks slip after attack on Aramco building; Gulf markets mixed
Major Gulf stock markets were mixed in early trade on Wednesday, with Saudi shares falling after an attack on a Saudi Aramco site heightened concerns over the escalating conflict between the kingdom and Yemen’s Houthis. Saudi Arabia’s benchmark index fell 0.7...
Major Gulf stock markets were mixed in early trade on Wednesday, with Saudi shares falling after an attack on a Saudi Aramco site heightened concerns over the escalating conflict between the kingdom and Yemen’s Houthis. Saudi Arabia’s benchmark index fell 0.7%, dragged down by a 1.3% drop in Saudi National Bank, the country’s biggest lender by assets. Aramco shed 0.5%. The Energy Ministry said an administrative buil...