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Most major Gulf markets gain as financials rise | Reuters

Most major Gulf markets gain as financials rise | ReutersMost major stock markets in the Gulf rose in early trade on Monday, supported by gains in their financial stocks, although Saudi bucked the trend to trade lower.The benchmark index in Saudi Arabia, the largest Arab economy, fell 0.9%, with Saudi National Bank, the kingdom’s top lender, declining 2%, while Banque Saudi Fransi retreated 3.2%.The International Monetary Fund said on Sunday countries in the Middle East and Central Asia need to ...
Tags: Travel, Saudi Arabia, Qatar, Middle East, Dubai, International Monetary Fund, Gulf, North Africa, Reuters, Central Asia, Etisalat, QNB, Rupert Neil Bumfrey, Banque Saudi Fransi, First Abu Dhabi Bank, Emirates NBD Bank


Most major Gulf markets gain after IMF lifts region's economic outlook | Reuters

Most major Gulf markets gain after IMF lifts region's economic outlook | ReutersMost major Gulf stock markets ended higher on Thursday after the International Monetary Fund (IMF) raised its economic forecasts for the region, while the Saudi index closed flat as some stocks traded ex-dividend.The IMF said on Wednesday it expected most Gulf economies to recover this year at a faster pace than previously estimated, as it raised its 2021 global growth forecast to 6% from 5.5%.In Dubai, the main shar...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Imf, Gulf, Reuters, International Monetary Fund IMF, Qatar National Bank, Rupert Neil Bumfrey, Banque Saudi Fransi, Khalid Al Hussan, First Abu Dhabi Bank, Alinma Bank, Emirates NBD Bank


Most major Gulf markets ease in early trade; #Saudi gains | Reuters

Most major Gulf markets ease in early trade; Saudi gains | ReutersMost major stock markets in the Gulf fell in early trade on Wednesday, although the Saudi index nudged higher.Saudi Arabia’s benchmark index rose 0.3%, bolstered by a 2.7% gain in Banque Saudi Fransi and a 1.4% increase in Riyad Bank.However, petrochemical firm Saudi Basic Industries Corp (SABIC) eased 0.3%.SABIC has selected HSBC and Morgan Stanley to work on the planned initial public offering (IPO) of its specialty chemicals bu...
Tags: Travel, Saudi Arabia, Hsbc, United Arab Emirates, Dubai, Abu Dhabi, Morgan Stanley, Gulf, Reuters, SABIC, Gulf Arab, Emaar Properties, Etisalat, Qatar Islamic Bank, Rupert Neil Bumfrey, Emaar Malls


#AbuDhabi index extends gains for eighth session; other markets flat | Reuters

Abu Dhabi index extends gains for eighth session; other markets flat | ReutersThe Abu Dhabi stock market ended higher on Tuesday as aquaculture company International Holding continued its advance, while other major Gulf markets were little changed.In Abu Dhabi, the index climbed 1.1%, extending gains for an eighth consecutive session, boosted by a 12.8% rise in International Holding.On Sunday, the company said it planned to divest all its shares in defence supplier Trust International Holding fo...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Reuters, Rupert Neil Bumfrey, Advanced Petrochemical, Banque Saudi Fransi, Yanbu Cement, International Holding, International Holdings, Daniel Takieddine, ReutersThe Abu Dhabi, Trust International Holding


Middle East stocks: Most major Gulf markets rise; #Dubai dips | Reuters

Middle East stocks: Most major Gulf markets rise; Dubai dips | ReutersMost major Gulf stock markets traded higher early on Tuesday, supported by their financial shares, while Dubai’s blue-chip developer Emaar Properties weighed on the index.Saudi’s benchmark index rose 0.2%, as Al Rajhi Bank gained 0.2%, and Banque Saudi Fransi jumped 1.6%.Almarai also gained 1.2%. The Gulf’s largest dairy company said on Tuesday it had agreed to buy frozen bakery item manufacturer and producer Bakemart in the U...
Tags: Travel, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Bahrain, Gulf, Reuters, Emaar Properties, Emaar, Doha Bank, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Almarai, Banque Saudi Fransi


#Saudi developer of complex in Mecca secures state-guaranteed loans | Reuters

Saudi developer of complex in Mecca secures state-guaranteed loans | ReutersJabal Omar Development Company, one of Saudi Arabia’s largest-listed property developers, has secured 1.6 billion riyals ($427 million) in loans from Banque Saudi Fransi backed by a Finance Ministry guarantee, it said in a bourse filing. FILE PHOTO: A general view picture shows the Kaaba as Muslim pilgrims keep social distance while performing their final Tawaf, marking the end of Haj pilgrimage amid the corona...
Tags: Travel, Saudi Arabia, Mecca, Reuters, Finance Ministry, Grand Mosque, Kaaba, Mecca Saudi Arabia, Jabal Omar, Rupert Neil Bumfrey, Banque Saudi Fransi, ReutersJabal Omar Development Company


Major Gulf indexes end mixed, few fresh factors | Reuters

Major Gulf indexes end mixed, few fresh factors | Reuters Major stock markets in the Gulf ended mixed on Sunday, in the absence of fresh factors to trade on, with property shares weighing on the Dubai index.Saudi Arabia’s benchmark index added 0.7%, ending two sessions of losses, with Al Rajhi Bank rising 1% and Banque Saudi Fransi climbing 3.8%.The kingdom’s food and drug administration has approved the COVID-19 vaccine made by AstraZeneca, Reuters reported on Thursday, citing state TV.Dubai’s ...
Tags: Travel, Saudi Arabia, Middle East, Dubai, Abu Dhabi, Gulf, Trump, Reuters, Reuters Major, Emaar Properties, Commercial Bank, Etisalat, Rupert Neil Bumfrey, Damac, Hussain Sajwani, Banque Saudi Fransi


Mideast Stocks: Major Gulf markets rise in early trade | ZAWYA MENA Edition

Mideast Stocks: Major Gulf markets rise in early trade | ZAWYA MENA Edition Major stock markets in the Gulf rose early on Sunday, lifted by gains in their banking shares, with the Saudi index leading the way.The kingdom's food and drug administration has approved the COVID-19 vaccine made by AstraZeneca, Reuters reported on Thursday, citing state TV.The benchmark index in Saudi Arabia traded 0.5% higher, on course to end two sessions of losses.Al Rajhi Bank rose 0.6%, while Banque Saudi Fransi j...
Tags: Travel, Saudi Arabia, United Arab Emirates, Dubai, Abu Dhabi, Emirates NBD, Qatar National Bank, Rupert Neil Bumfrey, Banque Saudi Fransi, Al Rajhi Bank, First Abu Dhabi Bank, Major Gulf, AstraZeneca Reuters


Mideast Stocks: #Qatar leads most of Gulf lower | ZAWYA MENA Edition

Most Middle Eastern stock markets fell on Wednesday, with Saudi Arabia's benchmark index reversing early gains and snapping a nine-day rally.The index fell 0.2% and Saudi telecom and Banque Saudi Fransi led the losses, down 2.2% and 2.6%, respectively.Saudi Arabia's inflation rose to 5.7% in January from 5.3% the month before, continuing a rise fuelled by a tripling of value-added tax last year, government data showed. The economy of the world's largest oil exporter contracted last year, but dat...
Tags: Travel, Saudi Arabia, Africa, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Aramex, Etisalat, Qatar National Bank, Rupert Neil Bumfrey, Banque Saudi Fransi, Dubai Islamic Bank DIB, Daniel Takieddine


#Saudi shares lead broader Gulf losses, Egypt weakens | Reuters

Saudi shares lead broader Gulf losses, Egypt weakens | Reuters The markets in the United Arab Emirates (UAE) fell on Wednesday after solid gains in the previous two days, while Saudi Arabia extended losses to a fourth straight session as it imposed further restrictions to curb the spread of the coronavirus.Dubai, which firmed more than 1% each in the past two sessions, weakened 0.4%, dragged mainly by financial stocks.The Dubai Stock Exchange operator Dubai Financial Market slipped nearly 5%, wh...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Emirates NBD, United Arab Emirates UAE, Qatar National Bank, Dubai Financial Market, Rupert Neil Bumfrey, Industries Qatar, National Commercial Bank


Q4 forecasts: #Saudi's SABIC to post 50% rise in net profit, Al Rajhi earnings to surge | ZAWYA MENA Edition

Q4 forecasts: Saudi's SABIC to post 50% rise in net profit, Al Rajhi earnings to surge | ZAWYA MENA Edition Petrochemicals giant Saudi Basic Industries Corporation (SABIC) is forecast to make 1.6 billion Saudi riyals ($426.5 million) in net profit for the fourth quarter of 2020, nearly 50 percent higher compared to the previous quarter, according to NCB Capital.The petrochemicals giant made a loss of 725 million riyals during the last quarter of 2019.Its affiliate, Yanbu National Petrochemical ...
Tags: Travel, Saudi Arabia, SABIC, NCB, Rupert Neil Bumfrey, Al Rajhi, Banque Saudi Fransi, Al Rajhi Bank, Saudi Basic Industries Corporation Sabic, Yanbu National Petrochemical Company Yansab


Most major Gulf markets steady in early trade | Reuters

Most major Gulf markets steady in early trade | Reuters Most major Gulf markets rose in early trade on Monday, a day after a retreat in the region, with financial shares buoying the Saudi index, although Qatar bucked the trend to traded lower.Saudi Arabia's benchmark index .TASI rose 0.6%, with Banque Saudi Fransi 1050.SE advancing 2% and Saudi Electricity 5110.SE gaining 2.2%.Elsewhere, Al Etihad Cooperative Insurance 8170.SE surged 10% after it reported a sharp rise in third-quarter net profit...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Tasi, Rupert Neil Bumfrey, QSI, Banque Saudi Fransi, Emirates NBD Bank ENBD, Etisalat ETISALAT, Industries Qatar IQCD QA, Etihad Cooperative Insurance 8170 SE, Barwa Real Estate Company


More #Saudi firms set to issue Islamic bonds for capital boost | ZAWYA MENA Edition

More Saudi firms set to issue Islamic bonds for capital boost | ZAWYA MENA Edition:  Two more companies in Saudi Arabia have joined a host of Gulf corporates looking to issue Islamic bonds amid heightened liquidity needs.  On Monday, Arab National Bank announced its plans to issue US-dollar-denominated Tier 2 capital sukuk, while Banque Saudi Fransi said  Sukuk issuance has recently bounced back following a sharp slowdown during the global lockdown in March and April. Islamic bonds supply is ...
Tags: Travel, Saudi Arabia, US, Pakistan, Gulf, Gulf Cooperation Council GCC, Rupert Neil Bumfrey, Arab National Bank, Banque Saudi Fransi, Malaysia Indonesia Turkey


MIDEAST STOCKS-Major Gulf bourses gain in early trade, led by financial stocks | Nasdaq

MIDEAST STOCKS-Major Gulf bourses gain in early trade, led by financial stocks | Nasdaq:Major stock markets in the Gulf rose in early trade on Tuesday, led by advances in financial shares, with Qatar on track to extend gains for a fourth straight session.Saudi Arabia's benchmark index .TASI rose 0.3%, with Saudi Telecom Company 7010.SE rising 0.8% and Banque Saudi Fransi 1050.SE up 0.9%.Credit Agricole CAGR.PA sold its remaining 4% stake in Banque Saudi Fransi to two Saudi government-related ins...
Tags: Travel, Saudi Arabia, Qatar, Morocco, Dubai, Abu Dhabi, Gulf, Adi, Qatar National Bank, Tasi, Saudi Telecom Company, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, Banque Saudi Fransi, First Abu Dhabi Bank FAB, Dubai Islamic Bank DISB DU


Credit Agricole to Build Its Own #Saudi Bank After Stake Sale - Bloomberg

Credit Agricole to Build Its Own Saudi Bank After Stake Sale - Bloomberg:Credit Agricole SA plans to build its own corporate and investment bank in Saudi Arabia after selling the final portion of its stake in Banque Saudi Fransi.The French lender sold its remaining 4% holding for 1.45 billion riyal ($387 million) to two Saudi government-related institutional investors, Credit Agricole said in a statement on Monday, without identifying the entities. The shares were sold at 30 riyals each and will...
Tags: Travel, Saudi Arabia, Credit Agricole CIB, Credit Agricole, Rupert Neil Bumfrey, Credit Agricole SA, Banque Saudi Fransi, Jacques Ripoll


Credit Agricole Exits #SaudiArabia With $386 Million Fransi Sale - Bloomberg

Credit Agricole Exits Saudi Arabia With $386 Million Fransi Sale - Bloomberg:Credit Agricole has sold the final portion of its stake in Banque Saudi Fransi, bringing to an end the French lender’s decades long investment in one of the kingdom’s largest corporate banks, according to a person familiar with the deal.The transaction was completed on Sunday and was valued at about 1.4 billion riyals ($386 million), according to information on the Saudi stock exchange’s website, which didn’t disclose t...
Tags: Travel, Bloomberg, Alwaleed Bin Talal, Credit Agricole, Saudi stock exchange, Rupert Neil Bumfrey, Banque Saudi Fransi, Saudi Fransi, Ripplewood, Fransi, Sunday Credit Agricole


MIDEAST STOCKS- #Qatar leads major Gulf markets higher in early trade | Nasdaq

:Major stock markets in the Gulf rose in early trade on Monday, led by gains in financial shares, with Qatar outperforming the region on broad based gains.Saudi Arabia's benchmark index .TASI gained 0.6%, led by a 1.9% increase in Banque Saudi Fransi 1050.SE and a 0.3% gain in Al Rajhi Bnnk 1120.SEFrench lender Credit Agricole CAGR.PA sold its stake in Banque Saudi Fransi for 1.4 billion riyals ($373.27 million), Bloomberg News reported on Sunday, citing an unnamed person familiar with the matte...
Tags: Travel, Saudi Arabia, Qatar, Morocco, Dubai, Abu Dhabi, Gulf, Reuters, Bloomberg News, Moody, Tasi, Rupert Neil Bumfrey, Al Rajhi, Banque Saudi Fransi, Qatar National Bank QNBK, Dubai Islamic Bank DISB DU


#Saudi Stock Index Set to Be First in Gulf to Erase 2020 Drop - Bloomberg

Saudi Stock Index Set to Be First in Gulf to Erase 2020 Drop - Bloomberg:Saudi Arabia’s main equity index is poised to be the first in the Gulf to erase losses accumulated in 2020 as local investors shrug off low oil prices and boost their exposure to stocks.The Tadawul All Share Index advanced as much as 0.3% on Monday, climbing above its closing level on Dec. 31. Saudi Basic Industries Corp., Saudi Telecom Co. and Banque Saudi Fransi provided the biggest boost to the market by index points. ...
Tags: Travel, Saudi Arabia, Bloomberg, Turkey, South Africa, Gulf, Rupert Neil Bumfrey, Banque Saudi Fransi, Saudi Basic Industries Corp Saudi Telecom Co


MIDEAST STOCKS-Most Gulf bourses fall as financial shares drag; #Saudi up - Reuters

MIDEAST STOCKS-Most Gulf bourses fall as financial shares drag; Saudi up - Reuters:Most major stock markets in the Gulf ended lower on Wednesday, pressured by losses in financial shares, although the Saudi index bucked the trend to close higher. Saudi Arabia's benchmark index edged up 0.2%, helped by a 2.2% rise in Banque Saudi Fransi and a 4.1% jump in Sahara International Petrochemical Company. Elsewhere, Saudi British Bank (SABB) reversed earlier losses to close up 1.6%. SABB on Tuesday repor...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Emaar Properties, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Sabb, Banque Saudi Fransi, First Abu Dhabi Bank, Aldar Properties Abu Dhabi


Exclusive: #Saudi banks may suspend dividend payouts for H1 2020 | ZAWYA MENA Edition

Exclusive: Saudi banks may suspend dividend payouts for H1 2020 | ZAWYA MENA Edition:Earnings calls this week revealed that Saudi Arabia’s listed banks may withhold dividends for the first half of 2020.Although some banks like Al Rajhi and Banque Saudi Fransi, which had their earnings calls on Monday, made no direct mention of withholding dividends, they indicated as much.“Banks stated that while they were not given direct instructions to hold H1 dividends, they were asked by SAMA [the Saudi Ara...
Tags: Travel, Saudi Arabia, Egypt, Rupert Neil Bumfrey, CI Capital, Al Rajhi, Banque Saudi Fransi, Saudi Arabian Monetary Authority


MIDEAST STOCKS-Most major Gulf stocks rise in early trade; #Qatar slips - Reuters

MIDEAST STOCKS-Most major Gulf stocks rise in early trade; Qatar slips - Reuters:Most major stocks markets in the Gulf rose in early trade on Monday, largely on the back of their financials, while Qatar’s index was hurt by first-half losses posted by Qatar Insurance Company.Saudi Arabia’s benchmark index edged up 0.1%, helped by a 0.7% rise in Dr Sulaiman Al-Habib Medical Services , while National Commercial Bank was up 0.4%, despite recording a lower second-quarter profit. But Banque Saudi Fran...
Tags: Travel, Qatar, Gulf, Reuters, Rupert Neil Bumfrey, National Commercial Bank, Banque Saudi Fransi, Sulaiman Al Habib Medical Services, Qatar Insurance Company Saudi Arabia


Mideast Stocks: #Dubai outperforms on property shares as banks aid #Saudi | ZAWYA MENA Edition

:Dubai's stock market rose on Monday as property shares advanced, while Saudi Arabia extended gains from the previous session following an extension of output cuts by OPEC+ nations.The Organization of Petroleum Exporting Countries, Russia and other producers - a group known as OPEC+ - agreed in April to cut supply by 9.7 million barrels per day (bpd) in May and June. They agreed on Saturday to sustain those cuts through July. Meanwhile, Saudi energy minister Prince Abdulaziz bin Salman told a ne...
Tags: Travel, Saudi Arabia, Opec, United Arab Emirates, Dubai, Kuwait, Gulf, Rupert Neil Bumfrey, Banque Saudi Fransi, Prince Abdulaziz Bin Salman, Al Rajhi Bank


MIDEAST STOCKS-Major Gulf stocks fall as OPEC cuts oil demand forecast - Agricultural Commodities - Reuters

MIDEAST STOCKS-Major Gulf stocks fall as OPEC cuts oil demand forecast - Agricultural Commodities - Reuters:Major Gulf stock markets retreated in early trade on Thursday after the Organization of the Petroleum Exporting Countries (OPEC) slashed its forecast again for global oil demand this year.OPEC now expects global demand to contract by 9.07 million barrels per day, or 9.1%, in 2020, it said in a monthly report on Wednesday. Last month, OPEC expected a contraction of 6.85 million bpd. Saudi A...
Tags: Travel, Saudi Arabia, Opec, Saudi Aramco, Rupert Neil Bumfrey, Saudi Basic Industries, Banque Saudi Fransi, Major Gulf, Agricultural Commodities Reuters


MIDEAST STOCKS-Major Gulf markets mixed, banks weigh on #Saudi index - Agricultural Commodities - Reuters

MIDEAST STOCKS-Major Gulf markets mixed, banks weigh on Saudi index - Agricultural Commodities - Reuters:Major Gulf stock markets were mixed in early trade on Sunday as banking shares dragged Saudi index lower, while petrochemical shares supported the Qatari index.Saudi Arabia’s benchmark index edged down 0.2%, with Al Rajhi Bank and Banque Saudi Fransi both down 0.4% and 2.3% respectively.But the index was supported by Saudi Aramco, which rose 0.5% in its straight fifth session of gains.The oil...
Tags: Travel, Saudi Arabia, Gulf, Saudi Aramco, Rupert Neil Bumfrey, Banque Saudi Fransi, Al Rajhi Bank, Major Gulf, Agricultural Commodities Reuters


MIDEAST STOCKS-Most major gulf markets gain; QNB drags #Qatar lower - Reuters

MIDEAST STOCKS-Most major gulf markets gain; QNB drags Qatar lower - Reuters:Most major Gulf stock markets gained on Monday, withDubai leading the gains on corporate earnings, while Qatar slipped as its toplender traded ex-dividend.Dubai's main share index gained 0.5% as Dubai Islamic Bank, whichis due to report 2019 earnings on Wednesday, rose 1.1%. Emaar Properties was up 1.3%.Air Arabia closed up 4.7%, after rising as much as 8% during thesession. The budget airliner swung to a profit in 201...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Gulf, Reuters, Saudi Aramco, State, Emaar Properties, QNB, Dubai Financial Market, Air Arabia, Rupert Neil Bumfrey, Dubai Islamic Bank, Banque Saudi Fransi, National CommercialBank


MIDEAST STOCKS-Most major Gulf stocks in red; Egypt extends gains

MIDEAST STOCKS-Most major Gulf stocks in red; Egypt extends gains Most major Gulf markets were subdued on Thursday as disappointing results weighed on their bankingshares, while Egypt's blue-chip index extended gains for a third straight session. Saudi Arabia's benchmark index lost 0.5% with Banque Saudi Fransi the biggest drag. The lender plunged 5.3%after it missed full-year profit estimates. The bank recorded annual profit of 3.12 billion riyals ($831.69 million), up from 1.4 billio...
Tags: Travel, Saudi Arabia, Egypt, Gulf, Saudi Aramco, EFG Hermes, Rupert Neil Bumfrey, Banque Saudi Fransi, Eastern Company, Refinitiv IBES data State


Mideast Stocks: Most major Gulf markets decline; #Qatar falls to over 2-month low | ZAWYA MENA Edition

Mideast Stocks: Most major Gulf markets decline; Qatar falls to over 2-month low | ZAWYA MENA Edition:Most major gulf stock markets slipped in early trade on Thursday after a slew of poor corporate earnings, with Qatar's index falling the most among regional equities.The Qatari index dropped 0.7% to a more than two-month low. United Development slumped 10% after reporting a nearly 16% drop in its annual profit. The Gulf's largest lender Qatar National Bank lost 0.9%.Saudi Arabia's benchmark inde...
Tags: Travel, Saudi Arabia, Qatar, Gulf, Mideast, Qatar National Bank, Rupert Neil Bumfrey, United Development, Banque Saudi Fransi, IBES


MIDEAST STOCKS- #Saudi stocks gain as Aramco rebounds; other markets little changed - Reuters

MIDEAST STOCKS-Saudi stocks gain as Aramco rebounds; other markets little changed - Reuters:Saudi stocks edged up on Monday, supported by gains infinancial shares and a rebound by Saudi Aramco after three sessions of losses,while other Middle Eastern markets were little changed.Saudi Arabia's index gained 0.2% as Saudi Aramco reversedcourse to close up 0.7% at 34.6 riyals ($9.22), offsetting earlier losses.On Sunday, Al Rajhi Capital Research rated Aramco "neutral", in line withmost other broker...
Tags: Travel, Saudi Arabia, Jp Morgan, Reuters, Aramco, Saudi Aramco, Rupert Neil Bumfrey, Banque Saudi Fransi, National Medical Care, Al Rajhi Capital Research, SaudiBasic Industries


Mideast Stocks: Financials lift most of Gulf, blue-chips boost Egypt | ZAWYA MENA Edition

Mideast Stocks: Financials lift most of Gulf, blue-chips boost Egypt | ZAWYA MENA Edition:All major Gulf markets closed higher on Thursday, led by financial stocks as oil prices rose after the U.S.-China trade agreement was signed, while gains in blue-chips buoyed Egypt.Oil prices rose on Thursday after the United States and China agreed on an eagerly awaited Phase 1 trade deal, giving some relief to markets.Saudi Arabia's benchmark index ended 0.3% up, with Al Rajhi Bank gaining 0.5% and Banque...
Tags: Travel, Saudi Arabia, China, United States, Egypt, Gulf, Reuters, U S China, Rupert Neil Bumfrey, Banque Saudi Fransi, Al Rajhi Bank


MIDEAST STOCKS-Gulf shares rise as focus shifts to corporate earnings - Reuters

:Gulf stocks traded higher on Monday, extending theirrally to a third day, supported by easing U.S.-Iran tensions and ahead ofcorporate earnings.The stock markets across the Gulf had fallen sharply on Jan. 8 after Iranretaliated against the U.S. drone strike that killed an Iranian commander.Saudi Arabia's index rose 0.8% as Arab National Bankjumped 4.9% and Banque Saudi Fransi advanced 2.7%.  However, oil giant Saudi Aramco slipped 0.1% to 34.8 riyals($9.28). Aramco shares have been volatile ...
Tags: Travel, Saudi Arabia, GCC, Gulf, Reuters, Aramco, Saudi Aramco, U S Iran, Rupert Neil Bumfrey, Banque Saudi Fransi, Tarek Fadlallah, Arab National Bankjumped, Marmore Research



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