Saudi Stocks Defy Moody’s Cut as Maaden Rallies; Dubai Retreats

  • Tadawul little changed as traders look past rating downgrade
  • DFM General Index drops after Emaar, Arabtec statements

Moody's Cuts Saudi Arabia, Bahrain Ratings

Saudi Arabian stock investors showed they care more about the price of oil than what New York-based Moody’s Investors Service Inc. thinks about the kingdom’s debt dynamics.

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