Saudi bourse gains on rising oil prices; Egypt falls
Saudi Arabia's stock market ended higher on Sunday in response to Friday's rise in oil prices, while the Egyptian index was in the red on profit-taking.
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Saudi Arabia's stock market ended higher on Sunday in response to Friday's rise in oil prices, while the Egyptian index was in the red on profit-taking.
Last week, the UN stressed the meeting will not focus on the possible international recognition of the Taliban.
Major stock markets in the Gulf were mixed in early trade on Thursday as recession fears grew in United States.
Most stock markets in the Gulf ended mixed on Thursday amid concerns around recession in the United States, with the Saudi index snapping six sessions of gains.
Gulf Cooperation Council (GCC) economies will grow at a much slower pace in 2023 than last year as expectations for muted gains in crude prices and oil production cuts take a toll on revenues, a Reuters poll found.