Mideast Stocks: Saudi bourse gains in early trade; other markets quiet – ZAWYA

Mideast Stocks: Saudi bourse gains in early trade; other markets quiet – ZAWYA

Mideast Stocks: Saudi bourse gains in early trade; other markets quiet | ZAWYA MENA Edition HomeMarketsEquitiesArticleMideast Stocks: Saudi bourse gains in early trade; other markets quiet Saudi Arabia's benchmark index added 0.3%, driven by a 0.4% gain in Al Rajhi Bank and a 1.5% rise in Saudi Arabian Fertilizers    Saudi Arabia's stock market rose in early trade on Thursday, supported by petrochemicals and banking shares, while trade on other major bourses in the Gulf was subdued.Saudi Arabia's benchmark index added 0.3%, driven by a 0.4% gain in Al Rajhi Bank and a 1.5% rise in Saudi Arabian Fertilizers.Saudi Arabia said on Wednesday it had completed the first batch of its flour milling sector privatisation, according to a statement by the state grain buyer and privatisation centre. Saudi Arabia's benchmark index added 0.3%, driven by a 0.4% gain in Al Rajhi Bank and a 1.5% rise in Saudi Arabian Fertilizers.Saudi Arabia's stock market rose in early trade on Thursday, supported by petrochemicals and banking shares, while trade on other major bourses in the Gulf was subdued.Saudi Arabia said on Wednesday it had completed the first batch of its flour milling sector privatisation, according to a statement by the state grain