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Major stock markets in the Gulf

Rising oil prices, economic recovery lift Gulf stocks
Markets

Rising oil prices, economic recovery lift Gulf stocks

  • Brent was up 64 cents, or 0.9%, at $73.34 a barrel.
  • Saudi Arabia's benchmark index added 0.2%, with Al Rajhi Bank gaining 3.1%.
  • The Qatari benchmark finished 0.7% higher, buoyed by a 2% gain in petrochemical firm Industries Qatar.
Published 14 Jun, 2021 06:40pm
Saudi leads major Gulf markets higher; Egypt slides
Markets

Saudi leads major Gulf markets higher; Egypt slides

  • Egypt's blue-chip index declined 2.1%. Most of the stocks on the index were in negative territory, including Commercial International Bank, which dropped 2%.
  • Saudi Arabia's benchmark index finished 1.3% higher, buoyed by a 1.8% rise in Al Rajhi Bank and a 5.7% jump in Riyad Bank.
Published 25 May, 2021 07:07pm
Mixed close for Gulf bourses
Markets

Mixed close for Gulf bourses

DUBAI: Major stock markets in the Gulf had a mixed session on Monday, with property shares weighing on the Dubai...
Published 20 Apr, 2021 04:00am