Saudi Arabia on Sunday launched a parallel equity market designed to boost small and medium enterprises SMEs that closed up 20 percent, the maximum allowed in a single day, brokers said. Argaam, a Saudi economic website, put the total capitalization of the seven companies trading on Nomu at SR1.

The companies listed are Raydan Restaurants, Baazeem Trading Company, Arab Sea, Al-Omran Trading, Abdullah Saad Abo Moati, Food Development Company and Al-Samaani Metal.

Argaam said Baazeem was the most active on Sunday with 2. Tadawul Meanwhile, the Tadawul All Share Index TASI edged up 0. Real estate investment trusts REITswhich have been soaring since Al-Jazira Maten REIT listed in mid-February, continued to rise in heavy trade; Al-Jazira climbed 9.

In Qatar, the index also edged up 0. DAMAC Properties, the developer, which earlier this month opened a Donald Trump-branded golf course and residential project in Dubai, added 1. In Egypt, the index closed 0.

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Palm Hills Development rose 1. But Arab Cotton Ginning tumbled 8 percent as heavy profit-taking in the stock continued, and Global Telecomn lost 2. View the discussion thread. US crude oil and gasoline stockpiles fell last week, while distillate inventories rose, Oil prices slipped on Wednesday despite a larger-than-expected decline in US crude and Buying bp shares uk prices yahoo oil, gasoline stockpiles fall: EIA Angelina Jolie urges better treatment of refugees Angelina Jolie urges better treatment of refugees Pamela Anderson invites Macron to French restaurant Pamela Anderson invites Macron to French restaurant Despite high temps, Royal Ascot-goers don finest outfits Despite high temps, Stock market gains by president Ascot-goers don shanti forex tilak nagar hyderabad outfits Hollywood legend Daniel Day-Lewis announces retirement Hollywood legend Daniel Day-Lewis announces retirement Crude headed for weakest first half in two decades.

AFP, Reuters Published — Monday 27 February Real estate investment trusts REITswhich have been soaring since Al-Jazira Maten REIT listed in mid-February, continued to rise in heavy trade on Sunday.

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Angelina Jolie urges better treatment of refugees. Pamela Anderson invites Macron to French restaurant. Despite high temps, Royal Ascot-goers don finest outfits. Hollywood legend Daniel Day-Lewis announces retirement.

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