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Saudi Main Stock Index Closes Higher

Saudi arabia: Saudi Arabia’s main stock index closed 14.07 points higher on Monday at 10,813.04, with total trading turnover of SAR3.7 billion. A total of 244 million shares were traded, with 96 companies posting gains while 157 stocks declined.

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Dollar Near Two-Week Low as Rate-Hike Bets Recede

New york: The US dollar steadied near a two-week low on Monday as investors scaled back bets on a Federal Reserve rate hike this year, while the yen remained close to its weakest level in 40 years. The dollar index, which measures the US currency agai…