Mideast Stocks: Oil price fall hurts Saudi market; others mixed – ZAWYA

Mideast Stocks: Oil price fall hurts Saudi market; others mixed – ZAWYA

Mideast Stocks: Oil price fall hurts Saudi market; others mixed. Saudi Arabia's stock market slipped on Monday, ending three sessions of gains amid falling oil prices, while Dubai's index was buoyed by gains in banking shares.. Saudi Arabia's benchmark index retreated 0.2%, with petrochemical firm Saudi Basic Industries dropping 1.4%, while Bank AlBilad was down 2.3% as the lender traded ex-dividend.. Egypt has asked the International Monetary Fund for financial support to help it deal with the coronavirus crisis and will begin talks with the IMF within days, Prime Minister Mostafa Madbouly said on Sunday..