Saudi Stocks Rise on Earnings Optimism: Inside EM
Saudi Stocks Rise on Earnings Optimism: Inside EM Bloomberg 2 hrs ago Saudi Arabian stocks led gains in the Middle East as better-than-expected earnings fueled investor optimism and talks between Iran and the U.S. to end a years-long standoff progressed. Share indexes in Dubai, Israel and Egypt also climbed while those in Abu Dhabi, Kuwait, Qatar and Oman fell. Bahrain’s index was little changed. The recovery in corporate earnings comes at a time when renewed efforts to address long-standing regional enmities are lifting investor sentiment. World powers advanced efforts to revive a 2015 n...
Source: msn.com