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Stock markets in the Gulf

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