Gulf markets

Most major Gulf markets firm up a day after retreat
Markets

Most major Gulf markets firm up a day after retreat

  • Saudi Arabia's benchmark index advanced 2%, boosted by a 2.6% jump in Al Rajhi Bank and a 1.8% increase in oil giant Saudi Aramco.
  • Dubai's main share index closed up 0.6%, driven by a 1.3% rise in its biggest lender Emirates NBD Bank and a 6.7% jump in DAMAC Properties.
Published 02 Nov, 2020 07:05pm
Most major Gulf markets dip as financial shares weigh
Markets

Most major Gulf markets dip as financial shares weigh

  • Saudi Arabia's benchmark index slipped 0.1%, with Banque Saudi Fransi sliding 4.5% and Riyad Bank losing 2.2%.
  • In Abu Dhabi, the index gained 0.9%, driven by a 6.5% jump in Abu Dhabi Commercial Bank and a 6% rise in Aldar Properties.
Published 20 Aug, 2020 06:48pm