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Emaar Properties

Most major Gulf markets gain

Most major Gulf markets gain

DUBAI: Most major Gulf stock markets ended higher on Thursday after the International Monetary Fund (IMF) raised its...
Published 09 Apr, 2021 04:51am
Most Gulf stocks ease on Europe lockdowns, US tax hike fears
Markets

Most Gulf stocks ease on Europe lockdowns, US tax hike fears

  • The concerns of a third COVID-19 wave in Europe is weighing down on demand expectations thus negatively affecting energy prices and oil prices which are particularly sensitive in the Gulf region. Saudi Arabia's benchmark index fell 0.3%, pressured by a 4.2% fall in Riyad Bank, which went ex-dividend.
Published 24 Mar, 2021 07:04pm
Dubai leads most of Gulf higher; Saudi index dips
Markets

Dubai leads most of Gulf higher; Saudi index dips

  • Dubai's main share index closed 0.7% higher, with blue-chip developer Emaar Properties and Dubai Investments, the Gulf-based diversified investment group, both advancing 2.5% each.
  • Saudi Arabia's benchmark index eased 0.2%, hit by a 1.2% fall in Al Rajhi Bank and a 1.1% increase in Samba Financial Group.
Updated 15 Mar, 2021 09:26pm
Major Gulf markets mixed
Markets

Major Gulf markets mixed

DUBAI: Major Gulf stocks were mixed early on Wednesday in the absence of fresh factors to trade on, with Saudi index...
Published 18 Feb, 2021 04:08am