Financials drag most of Gulf lower, Saudi underperforms
Most major Gulf markets traded in the red on Wednesday with weakness in banking shares weighing and Saudi Arabian stocks underperforming their regional peers. Saudi Arabia's index fell 1.5%. Al Rjahi Bank declined 2.5% and the Country's biggest lender National Commercial Bank slid 2.2%. Saudi Basic Industries (SABIC) shed 1.8%,…
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