Saudi bourse up due to insurance
Thursday, 10 19 2017, Category: Insurance and Reinsurance, Country: Saudi Arabia
The Gulf financial markets had differing performances despite the strength of oil prices. The insurance sector kept improving after the losses of last week.
The main Saudi market index improved by 0.2% i.e. 6992 points; concerning the insurance sector, which fell last week due to expectations about tougher regulations, the share of Malath cooperative insurance jumped by 9.9% whereas Metlife AIG Insurance jumped by 3.6%.
Source: Al Weeam