Posts filtered by tags: Bloomberg Middle East[x]


 

Mideast Stocks Head Warily Into May After April Gains: Inside EM - Bloomberg

Mideast Stocks Head Warily Into May After April Gains: Inside EM - Bloomberg Middle East stock markets were mixed as investors looked for direction on the first trading day of the month following gains in April.The main indexes in Kuwait, Oman and Dubai each rose 0.7% on Sunday, while the gauge in Abu Dhabi added 0.5%. Saudi Arabia’s Tadawul All Share Index led losses with a 0.5% retreat. Qatari and Israeli markets were little changed. Trading in Bahrain and Egypt was closed for holidays.Thoug...
Tags: Travel, Saudi Arabia, Opec, Qatar, Bloomberg, Egypt, Dubai, Abu Dhabi, Bahrain, Gulf, Riyadh, Mohammed bin Salman, Rupert Neil Bumfrey, Dubai Islamic Bank, Al Rajhi, Jabal Omar Development


Mideast Stocks Mixed as Investors Weigh Reflation: Inside EM - Bloomberg

Mideast Stocks Mixed as Investors Weigh Reflation: Inside EM - Bloomberg Middle East stocks were mixed as traders weighed an acceleration in global coronavirus vaccinations against a rise in U.S. yields that may signal the return of inflation.Israel’s TA-35 climbed as much as 1%, while benchmark stock indexes in Saudi Arabia, Bahrain and Egypt also made gains.“We see higher inflation expectation as positive for the cyclical parts of emerging markets, such as the MENA region, especially when thes...
Tags: Travel, Israel, US, Bloomberg, Egypt, Abu Dhabi, Kuwait, Mena, Saudi Basic Industries Corp, Saudi Arabia Bahrain, Emaar Properties, Etisalat, Rupert Neil Bumfrey, Emaar Development, Divye Arora, Daman Investments Psc