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Oil buoys #Saudi, #Qatar stocks; OPEC+ decision in focus | Reuters

Oil buoys Saudi, Qatar stocks; OPEC+ decision in focus | Reuters Saudi and Qatari indexes extended gains on Thursday, supported by higher oil prices as investors adjusted positions ahead of an OPEC+ decision on supplies, while markets in the United Arab Emirates were closed for a public holiday.Brent crude futures rose 35 cents, or 0.5%, to $69.22 a barrel by 1215 GMT while U.S. West Texas Intermediate (WTI) crude futures gained 29 cents, or 0.4%, to $65.86.Saudi Arabia's benchmark index (...
Tags: Travel, Saudi Arabia, Opec, Qatar, United Arab Emirates, Gulf, Reuters, U S West Texas Intermediate WTI, Tasi, Rupert Neil Bumfrey, QSI, Gulf Egypt, Commercial International Bank COMI, Qatar National Bank QNBK QA, Masraf Al Rayan MARK QA, Saudi National Bank


Most Gulf bourses tumble on vaccine efficacy concerns | Reuters

Most Gulf bourses tumble on vaccine efficacy concerns | Reuters Most Gulf bourses ended lower on Tuesday, mirroring weakened global shares and oil prices, although the bourses in the United Arab Emirates (UAE) gained ahead of long holiday weekend.A sudden burst of risk aversion gripped most major asset markets across the globe after the head of drugmaker Moderna (MRNA.O) told the Financial Times that COVID-19 vaccines are unlikely to be as effective against the Omicron variant of the cor...
Tags: Travel, Russia, Egypt, Tim Clark, Dubai, Abu Dhabi, Uae, Financial Times, Reuters, Saudi Basic Industries Corp, United Arab Emirates UAE, The World Health Organization, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank


Most Gulf bourses slide on vaccine efficacy worries | Reuters

Most Gulf bourses slide on vaccine efficacy worries | Reuters Most stock markets in the Gulf wobbled lower in early trade on Tuesday, in line with subdued Asian shares and oil prices, with the Dubai index leading the losses ahead of a long weekend.A sudden burst of risk aversion gripped most major asset markets across Asia after the head of drugmaker Moderna (MRNA.O) told the Financial Times that COVID-19 vaccines are unlikely to be as effective against the Omicron variant of the coronavirus a...
Tags: Travel, Asia, Dubai, Abu Dhabi, Financial Times, Gulf, Reuters, Adi, Saudi Basic Industries Corp, The World Health Organization, IHC, Tasi, Abu Dhabi Securities Exchange, Rupert Neil Bumfrey, QSI, Al Rajhi Bank


Gulf bourses rebound as calm returns after Omicron battering | Reuters

Gulf bourses rebound as calm returns after Omicron battering | Reuters Stock markets in the Gulf rebounded on Monday, mirroring oil prices and global shares as investors waited for more details to assess the severity of the Omicron coronavirus variant on the world economy.European shares and U.S. stock futures firmed, oil prices bounced more than $3 a barrel, while safe-haven bonds lost ground as markets latched on to hopes the new variant of concern would prove to be "mild". read moreSaud...
Tags: Travel, Opec, Middle East, Dubai, Abu Dhabi, Gulf, Reuters, Reuters Stock, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Al Rajhi Bank, Gulf Egypt, Emaar Properties EMAR DU, Abu Dhabi Investment Office


Major Gulf bourses rise in early trade | Reuters

Major Gulf bourses rise in early trade | ReutersMajor stock markets in the Gulf rose in early trade on Thursday, with the Saudi index on track to extend gains for a second session.Saudi Arabia's benchmark index (.TASI) advanced 0.7%, with Al Rajhi Bank (1120.SE) rising 1.6% and oil giant Saudi Aramco (2222.SE) up 0.6%.The index on Tuesday ended three sessions of declines triggered by tensions with Yemen's Iran-aligned Houthis, who claimed responsibility on Nov. 20 for drone attacks in several pa...
Tags: Travel, Saudi Arabia, Turkey, Iran, United Arab Emirates, Abu Dhabi, Yemen, Mohammed, Jeddah, Ankara, Reuters, Saudi Aramco, Tayyip Erdogan, Sanaa, Tasi, Rupert Neil Bumfrey


#Saudi bourse outperforms most Gulf markets | Reuters

Saudi bourse outperforms most Gulf markets | Reuters Saudi Arabia's stock market ended higher on Wednesday, buoyed by gains in financial shares, while the Dubai index snapped three sessions of losses.Saudi Arabia's benchmark index (.TASI) advanced 1%, extending gains from the previous day, boosted by a 2.9% rise in Al Rajhi Bank (1120.SE) and a 4.7% leap in SABIC Agri-Nutrients (2020.SE).On Tuesday, the index ended three sessions of declines triggered by tensions with Yemen's Iran-aligned ...
Tags: Travel, Saudi Arabia, Iran, Egypt, Dubai, Abu Dhabi, Yemen, Jeddah, Gulf, Reuters, Saudi Aramco, Adi, Sanaa, SABIC, Tasi, Rupert Neil Bumfrey


#Saudi index leads major Gulf bourses higher in early trade | Reuters

Major stock markets in the Gulf rose in early trading on Wednesday with the Saudi index leading the gains on the back of its financial shares.Saudi Arabia's benchmark index (.TASI) was up 0.9%, on track to extend gains from the previous session.On Tuesday, the index snapped three sessions of declines triggered by tensions with Yemen's Iran-aligned Houthis, who claimed responsibility for drone attacks in several parts of the kingdom, including at Saudi Aramco facilities in Jeddah. read moreAl Raj...
Tags: Travel, Saudi Arabia, Russia, Opec, Qatar, Iran, Abu Dhabi, Yemen, Jeddah, Gulf, Reuters, Saudi Aramco, Sanaa, Petroleum Exporting Countries OPEC, Tasi, Rupert Neil Bumfrey


#Saudi market tumbles in early trade after drone attacks | Reuters

Saudi market tumbles in early trade after drone attacks | ReutersSaudi Arabia's stock market fell sharply in early trade on Sunday, a day after Yemen's Iran-aligned Houthis said they had fired 14 drones at several Saudi Arabian cities, including at Saudi Aramco facilities in Jeddah. read moreSaudi Arabia's benchmark index (.TASI) dropped 1.6%, with Al Rajhi Bank (1120.SE) retreating 2.2% and Saudi Aramco (2222.SE) losing 1.6%.The oil giant was also under pressure after India's Reliance Industrie...
Tags: Travel, Qatar, Iran, Dubai, Abu Dhabi, Yemen, Jeddah, Reliance, Reuters, Aramco, Saudi Aramco, Houthis, Commercial Bank, Tasi, Rupert Neil Bumfrey, QSI


#Saudi shares fall on weak oil, set for weekly loss | Reuters

Saudi shares eased in early trade on Thursday and were set for a weekly loss, tracking weaker oil prices, while other Gulf bourses traded mixed.Oil prices slid to near six-week lows as China said it was moving to release reserves following a Reuters report that the United States was asking big crude consumers to consider a coordinated release of stocks to lower prices.Oil prices are down around 4% since Wednesday as the shock treatment seemed to take effect.Saudi Arabia's benchmark index (.TASI)...
Tags: Travel, Saudi Arabia, China, United States, United Arab Emirates, Dubai, Abu Dhabi, Yemen, Gulf, Reuters, Saudi Basic Industries Corp, Abha, Tasi, Dubai Financial Market DFM, Rupert Neil Bumfrey, QSI


#Dubai leads most Gulf bourses lower; #Saudi edges up | Reuters

Most stock markets in the Gulf fell in early trade on Wednesday, with the Dubai index falling the most, although Saudi stocks were on track to end two days of losses.Dubai's main share index (.DFMGI) dropped 0.8%, to end a four-day winning streak, weighed down by a 1.9% decline in blue-chip developer Emaar Properties (EMAR.DU) and a 1.1% decrease in Emirates NBD Bank (ENBD.DU).However, Amlak Finance (AMLK.DU) surged 14.9% — on course to gain for a fifth session.On Sunday, the Islamic finance com...
Tags: Travel, Europe, Saudi Arabia, Israel, Dubai, Abu Dhabi, Mediterranean, Gulf, Reuters, Red Sea, United Arab Emirates UAE, Eilat, Al Arabiya TV, Tasi, Rupert Neil Bumfrey, Industries Qatar


#Dubai outperforms major Gulf bourses, hits near 4-year high | Reuters

Dubai outperforms major Gulf bourses, hits near 4-year high | Reuters Dubai's stock market outperformed in early trade on Tuesday, reaching its highest in nearly four years, as a slew of upbeat corporate earnings boosted the index.Dubai's main share index (.DFMGI) gained 0.8%, buoyed by a 12.1% surge in Dubai Financial Market (DFM.DU) — on course to gain for a tenth session in twelve.Earlier this month, the emirate announced plans to launch a 2 billion dirham ($545 million) market-maker fund a...
Tags: Travel, Saudi Arabia, Qatar, Dubai, ESG, Namshi, Gulf, Reuters, Adi, Salik, Emaar, Tasi, Rupert Neil Bumfrey, QSI, Reuters Dubai, Al Rajhi Bank


#Dubai hits near 4-year high after Emaar's strong earnings | Reuters

Dubai hits near 4-year high after Emaar's strong earnings | Reuters Dubai's stock market outperformed its Gulf peers on Monday, hitting its highest level in nearly four years, after robust earnings from blue-chip developer Emaar Properties.Meanwhile, the Saudi index was in the red due to lower oil prices.Dubai's main share index (.DFMGI) climbed 2.7%, closing at its highest since February 2018, lifted by a 4.1% jump in Emaar Properties (EMAR.DU) after it reported a sharp rise in quarterly ...
Tags: Travel, Saudi Arabia, Joe Biden, Dubai, Gulf, Reuters, Salik, Emaar, Tasi, Dubai Financial Market DFM, Rupert Neil Bumfrey, Industries Qatar, QSI, Reuters Dubai, Al Rajhi Bank, Gulf Egypt


Most Gulf bourses rise in early trade; #Qatar falls | Reuters

Most Gulf bourses rise in early trade; Qatar falls | Reuters Most stock markets in the Gulf rose in early trade on Thursday, with the Dubai index set to register its fifth weekly gain.Dubai's main share index (.DFMGI) gained 0.7%, boosted by a 5.5% jump in budget airliner Air Arabia (AIRA.DU), after it swung to a profit for the third quarter.Blue-chip developer Emaar Properties (EMAR.DU) gained 0.8%, after it said all conditions for merger with its unit Emaar Malls (EMAA.DU) have been met.Shar...
Tags: Travel, Saudi Arabia, Wam, Qatar, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Adi, Department of Economic Development, Emaar Properties, Tasi, Rupert Neil Bumfrey, Industries Qatar, Emaar Malls


#Saudi index leads most Gulf bourses higher | Reuters

Most stock markets in the Gulf ended higher on Wednesday, with the Saudi index rising for fourth session in five, while a blue-chip sell-off weighed on Egypt.Saudi Arabia's benchmark index (.TASI) advanced 0.9%, with Al Rajhi Bank (1120.SE) and Saudi National Bank (1180.SE) gaining 1.4% and 3% respectively.Saudi Arabia sold $3.25 billion in dual-tranche bonds on Tuesday comprising a sukuk tranche and a conventional portion in its third international bond sale of the year, a term sheet viewed...
Tags: Travel, Saudi Arabia, Wam, Bloomberg, Egypt, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Egypt Saudi Arabia, Tasi, Rupert Neil Bumfrey, Industries Qatar


Most Gulf bourses firm in early trade; #Dubai falls | Reuters

Most Gulf bourses firm in early trade; Dubai falls | Reuters Most Gulf stock markets firmed in early trade on Wednesday amid rising oil prices, although the Dubai index was dragged down by bluechips.Saudi Arabia's benchmark index (.TASI) edged up 0.1%, with Al Rajhi Bank (1120.SE) rising 0.4% and Saudi National Bank (1180.SE), the kingdom's largest lender, gaining 0.8%.Saudi Arabia sold $3.25 billion in dual-tranche bonds on Tuesday, comprising a sukuk tranche and a conventional portion in its...
Tags: Travel, Saudi Arabia, Qatar, Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Commercial Bank, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Abu Dhabi National Oil Company Adnoc, Etisalat ETISALAT, Emirates NBD Bank ENBD DU


Property shares buoy #Dubai index; #AbuDhabi eases | Reuters

Dubai shares rose in early trade on Tuesday, boosted by real estate stocks, while the Abu Dhabi index retreated from a record high hit in the previous session.Dubai's main share index (.DFMGI) advanced 1.1%, buoyed by a 3.2% rise in blue-chip developer Emaar Properties (EMAR.DU), while its unit Emaar Malls (EMAA.DU) jumped 4.7%, following a sharp rise in quarterly earnings.Emaar Properties, which owns close to 85% of Emaar Malls, will buy out minority shareholders of the unit and delist the busi...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Emaar Properties, Commercial Bank, Tasi, Dubai Financial Market DFM, Saudi Telecom Company, Rupert Neil Bumfrey, Emaar Malls, QSI


#AbuDhabi hits record as most markets rise; #Qatar bucks trend | Reuters

Abu Dhabi hits record as most markets rise; Qatar bucks trend | Reuters Most stock markets in the Gulf rose in early trade on Monday, with the Abu Dhabi index reaching an all-time high, while Qatar bucked the trend.The Abu Dhabi (.ADI) index advanced 1.2%, hitting a record high, buoyed by a 5% jump in conglomerate International Holding Co (IHC) (IHC.AD).On Thursday, IHC reported a quarterly net profit of 2.87 billion dirhams ($781.42 million), up from 958.9 million dirhams year ago.IHC, whose ...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Reuters, Aramco, IHC, Tasi, Dubai Financial Market DFM, Rupert Neil Bumfrey, Industries Qatar, QSI, Abudhabi, Al Rajhi Bank


Major Gulf bourses mixed in early trade | Reuters

Major Gulf bourses mixed in early trade | Reuters Major stock markets in the Gulf were mixed in early trade on Sunday, with the Saudi index extending gains from the previous session, while Dubai dipped into the red on profit-taking.Saudi Arabia's benchmark index (.TASI) added 0.3%, with Al Rajhi Bank (1120.SE) gaining 0.9% and petrochemical maker Saudi Basic Industries Corp (2010.SE) advancing 1.1%.On Wednesday Capital Market Authority approved intial public offering of Saudi Tadawul Group, th...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Reuters, Moody, Adi, Reuters Major, Saudi Basic Industries Corp, Qatar Islamic Bank, Tasi, Rupert Neil Bumfrey, QSI, Capital Market Authority, Al Rajhi Bank


Most Gulf bourses gain in early trade; #Saudi falls | Reuters

Most Gulf bourses gain in early trade; Saudi falls | Reuters Most major stock markets in the Gulf rose in early trade on Thursday, with Dubai leading the way on the back of gains in blue-chip developer Emaar Properties, while Saudi Arabia fell.Dubai's main share index (.DFMGI) gained 0.6%, hitting its highest since mid-April 2018, led by a 2.3% rise in Emaar (EMAR.DU).The Dubai Financial Market (DFM.DU) surged more than 14%, extending gains fuelled by the emirate's plans to launch a 2 billion ...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Reuters, Tadawul, Adi, Emaar Properties, Etisalat, Emaar, Tasi, Dubai Financial Market DFM, Rupert Neil Bumfrey, QSI, Capital Markets Authority, Al Rajhi Bank


#Dubai stocks jump on plans to launch market-maker fund | Reuters

Dubai stocks jump on plans to launch market-maker fund | Reuters Dubai's stock market jumped in early trade on Tuesday, outperforming other regional peers, as the emirate plans to launch a multi-billion dirham market-maker fund.Dubai's main share index (.DFMGI) advanced 3.1%, hitting its highest since Aug. 2018, as most of the stocks on the index were in positive territory, including Dubai Investments (DINV.DU) which soared 11.6%.Dubai plans to launch a 2 billion dirham ($545 million) market-m...
Tags: Travel, China, Wam, Opec, Dubai, Abu Dhabi, Reuters, Qatar National Bank, Tasi, Dubai Financial Market DFM, Rupert Neil Bumfrey, Damac, QSI, Hussain Sajwani, Reuters Dubai, Al Rajhi Bank


#Saudi index snaps 4 days of losses, Egypt outperforms | Reuters

Saudi index snaps 4 days of losses, Egypt outperforms | Reuters Most stock markets in the Gulf ended higher on Monday, with the Saudi index snapping a four-day winning streak, while the Egyptian bourse rose for a fourth session in five.GCC stock markets mostly were in the green as slight price corrections in the last few days to weeks triggered interest. Investors remain optimistic even though inflation is becoming a growing concern, said Wael Makarem, senior market strategist at Exness."T...
Tags: Travel, Saudi Arabia, Qatar, Egypt, GCC, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Tasi, Rupert Neil Bumfrey, Damac, Abu Dhabi Commercial Bank ADCB, QSI, Hussain Sajwani


Major Gulf bourses mixed in early trade | Reuters

Major Gulf bourses mixed in early trade | Reuters Major stock markets in the Gulf were mixed in early trade on Sunday, with the Saudi index on track to end a four-day losing streak.Oil prices settled higher on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries, Russia and their allies, known as OPEC+, would maintain production cuts.OPEC+ forecasts are still higher than those of the International Energy Agency (IEA), which expects oil demand to grow by ...
Tags: Travel, Saudi Arabia, Russia, Opec, Dubai, Abu Dhabi, Gulf, Reuters, Aramco, Mohammed bin Salman, International Energy Agency IEA, Adi, Reuters Major, Qatar National Bank, Tasi, Rupert Neil Bumfrey


Most Gulf markets fall in early trade; #Qatar gains | Reuters

Most Gulf markets fall in early trade; Qatar gains | Reuters Most stock markets in the Gulf fell in early trade on Monday, with the Abu Dhabi index retreating from a record high, while the Qatari index bucked the trend to trade higher.In Abu Dhabi, the index (.ADI) dropped 0.4%, a day after it reached an all-time high, pressured by a 1.1% fall in the country's largest lender First Abu Dhabi Bank (FAB.AD) and a 1.8% decline in Alpha Dhabi Holding (ALPHADHABI.AD).Aldar Properties (ALDAR.AD) on S...
Tags: Travel, Saudi Arabia, Wam, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Aramex, Adi, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank


Most Gulf bourses gain in early trade; #Saudi retreats | Reuters

Most Gulf bourses gain in early trade; Saudi retreats | Reuters Most stock markets in the Gulf rose in early trade on Sunday, with the Abu Dhabi index outperforming the region, while the Saudi index bucked the trend to trade lower.Saudi Arabia's benchmark index (.TASI) fell 0.7%, with Al Rajhi Bank (1120.SE) dropping 2.4%, on course to end a five-day winning streak.On Sunday, Al Rajhi reported a net profit of 3.79 billion riyals ($1.01 billion) for the quarter ended Sept. 30, up from 2.66 bill...
Tags: Travel, Saudi Arabia, Wam, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Reuters, Aramex, Tasi, Rupert Neil Bumfrey, Al Rajhi, QSI, Al Rajhi Bank, First Abu Dhabi Bank FAB, Nakilat


#Saudi holds at 15-year high, #Qatar extends gains | Reuters

Saudi holds at 15-year high, Qatar extends gains | Reuters Saudi Arabia's stock market rose in early trade on Thursday, holding on to a 15-year high, while the Qatari index extended gains to a second session.Saudi Arabia's benchmark index (.TASI) advanced 0.2%, with Al Rajhi Bank (1120.SE) rising 0.9%, while Dr Sulaiman Al-Habib Medical Services Group (4013.SE) leapt 3.3%.Among other gainers, oil giant Saudi Aramco (2222.SE) added 0.2% after HSBC raised its target price to 38.8 riyals from 37....
Tags: Travel, Saudi Arabia, Qatar, Hsbc, Uae, Reuters, Reuters Saudi Arabia, Gulf Cooperation Council GCC, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Dr Sulaiman Al Habib Medical Services Group


#Saudi index hits 15-year peak as most Gulf bourses gain | Reuters

Saudi index hits 15-year peak as most Gulf bourses gain | Reuters Saudi stocks scaled a more than 15-year high on Tuesday, rising for a fifth session in six and leading gains in the Gulf as crude oil prices reversed earlier losses.Oil prices recouped earlier losses as falling temperatures in China, the world's biggest energy consumer, revived concerns about its ability to meet heating demand needs amid power and coal shortages.Saudi Arabia's benchmark stock index (.TASI) rebounded 0.4%, touchi...
Tags: Travel, Saudi Arabia, China, Dubai, Abu Dhabi, Kashmir, Gulf, Reuters, Jammu, Tasi, ADNOC, Etihad Etisalat, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Masraf Al Rayan


#Saudi index hits multi-year peak as Gulf bourses end higher | Reuters

Saudi index hits multi-year peak as Gulf bourses end higher | Reuters Major stock markets in the Gulf ended higher on Sunday amid strong oil prices, with the Saudi index hitting a multi-year peak as the country eased coronavirus curbs.The kingdom is rolling back COVID-19 restrictions from Oct. 17 in response to a sharp drop in daily infections and a considerable development in vaccinations. read moreSaudi Arabia has also lifted social distancing measures and will allow full-capacity attend...
Tags: Travel, Saudi Arabia, Dubai, Mecca, Abu Dhabi, Medina, Gulf, Reuters, Reuters Major, Grand Mosque, IHC, Suhail Al Mazrouei, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, QSI


MIDEAST STOCKS Most Gulf exchanges track oil prices higher | Reuters

MIDEAST STOCKS Most Gulf exchanges track oil prices higher | Reuters Most stock markets in the Gulf ended higher on Thursday amid rising oil prices, with oil behemoth Saudi Aramco nearing a $2 trillion valuation.Oil prices rose by about 1% after the International Energy Agency said that record natural gas prices would boost demand for oil and top oil producer Saudi Arabia dismissed calls for additional OPEC+ supply.Saudi Arabia's benchmark index (.TASI) closed 0.6% higher, with Yanbu Natio...
Tags: Travel, Europe, Saudi Arabia, Opec, Egypt, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Saudi Aramco, International Energy Agency, Adi, Middle East Africa, Tasi, Rupert Neil Bumfrey


MIDEAST STOCKS #Saudi outperforms major Gulf bourses after IMF forecast | Reuters

MIDEAST STOCKS Saudi outperforms major Gulf bourses after IMF forecast | Reuters Most major stock markets in the Gulf were little changed on Wednesday, amid inflation fears, while the Saudi index outperformed the region after the International Monetary Fund raised its economic growth forecast.Investors are worried about the economic slowdown and inflation, which is proving less temporary and could entail central banks to take action earlier than expected, said Wael Makarem, senior market s...
Tags: Travel, Saudi Arabia, Dubai, International Monetary Fund, Abu Dhabi, Imf, Gulf, Reuters, DP World, Emaar, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Gulf Egypt, Abu Dhabi Securities Exchange ADX


MIDEAST STOCKS Major Gulf bourses end mixed; ACWA Power surges on debut | Reuters

MIDEAST STOCKS Major Gulf bourses end mixed; ACWA Power surges on debut | Reuters Major stock markets in the Gulf ended mixed on Monday, with the Saudi index extending losses from the previous session.Saudi Arabia's benchmark index (.TASI) dropped 0.5%, with Dr Sulaiman Al-Habib Medical Services (4013.SE) declining 1.1%, while Al Rajhi Bank (1120.SE) was down 0.2%.The Saudi stock market fell as traders took profits after the main index reached a new interim high, said Wael Makarem, senior ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Aramco, ACWA Power, Reuters Major, QNB, Tasi, Rupert Neil Bumfrey, QSI, Qatar National Bank QNB, Al Rajhi Bank