SHUAA market report - 2 September
Liquidity is at last picking up in Arab markets after the summer hiatus. Saudi Arabia backtracked after regaining pre-May highs, with STC the biggest loser on concern over competition in the telecoms sector. Bahrain enjoyed a strong week, with Al Ahli United Bank rallying on confirmation it will buy a 40% stake in Al Ahli Bank of Qatar.
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Lisa Creffield, CorrespondentSaturday, September 04 - 2004 at 00:24 UAE local time (GMT+4)
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