Mideast Stocks: Saudi snaps 4-day winning streak as Gulf bourses end mixed
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Major stock markets in the Gulf ended mixed on Sunday, with the Saudi index giving up early gains to close 0.2% lower, snapping a four-session winning streak.
Middle EastMIDEAST STOCKS Most major Gulf markets rise; Qatar dips Reuters 3 minutes read A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018. REUTERS/Faisal Al Nasser Most major stock markets in the Gulf rose in early trade on Sunday, with property shares boosting the Dubai index, although Qatar bucked the trend to trade lower. Saudi Arabia's benchmark index (.TASI) added 0.6%, with Al Rajhi Bank (1120.SE) rising 1.4% and SABIC Agri-Nutrients Co (2020.SE) advancing 3.9%. Elsewhere, Bank Albilad (1140.SE) climbed 1%, as...
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Article content Major stock markets in the Gulf rose in early trade on Monday, with indexes in the United Arab Emirates leading the gains on the back of their financial and property shares. Dubai’s main share index advanced 1.9%, with blue-chip developer Emaar Properties jumping 3.8% and sharia-compliant lender Dubai Islamic Bank rising 2.4%. We apologize, but this video has failed to load. Try refreshing your browser, or Dubai leads major Gulf markets higher Back to video Dubai’s house prices are expected to fall at a slower pace this year and next than previously thought as hopes for ...