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Topic

Stock markets in the Gulf

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

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

Published 24 Mar, 2021 07:04pm
  • 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.
Most of Gulf flat; Saudi index rises

Most of Gulf flat; Saudi index rises

Published 11 Feb, 2021 08:13pm
  • Saudi index registers weekly gain.
  • Brent falls after nine sessions of gains.
  • Qatar cuts March Marine, Land crude oil OSP.
Abu Dhabi market leads broader gains

Abu Dhabi market leads broader gains

Published 18 Jan, 2021 07:14pm
  • Abu Dhabi marks best session in over 9 months.
  • First Abu Dhabi Bank powers Abu Dhabi benchmark.
  • Saudi Telecom best performer on Saudi main index.
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