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Saudi Stocks Lead Mideast Gains as Trading Resumes: Inside EM

Saudi Stocks Lead Mideast Gains as Trading Resumes: Inside EM
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Dubai shares gain amid property recovery optimism

Dubai shares gain amid property recovery optimism
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Dubai shares gain amid property recovery optimism
The Dubai Financial Market General Index jumped 0.8 per cent as Emaar advanced as much as 2.8 per cent
May 10, 2021
Stocks in Dubai were among the biggest gainers across the Middle East amid optimism that Emaar Properties earnings may point to a wider recovery in the emirate.
The Dubai Financial Market General Index jumped 0.8 per cent as Emaar advanced as much as 2.8 per cent, the biggest gain on the gauge in point terms. Qatar’s main index rose 0.4 per cent, even after the country’s finance minister was ordered detained on Thursday. ....

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Saudi, UAE Stocks Rise on Earnings, Iran Optimism: Inside EM

Apr 18 2021, 8:03 PM
April 18 2021, 1:36 PM
April 18 2021, 8:03 PM
(Bloomberg)
(Bloomberg)
Saudi Arabian stocks led gains in the Gulf region as better-than-expected earnings fueled investor optimism and talks between Iran and the U.S. to end a years-long standoff progressed.
The benchmark Tadawul gauge rose as much as 0.8% before closing up 0.6% for its third consecutive advance. Share indexes in Dubai, Israel and Egypt also climbed, while those in Abu Dhabi, Kuwait, Qatar and Oman fell. Bahrainâs 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 nuclear accord between Iran and the U.S. during weekend negotiations in Vienna. Meanwhile, senior officials from Saudi Arabia and Iran have been holding talks to repair relations between the two countries, the Financial Times reporte ....

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Israeli Shares Rise Most in Mideast While Egypt Slips: Inside EM

Israeli Shares Rise Most in Mideast While Egypt Slips: Inside EM
Farah Elbahrawy, Bloomberg News
A visitor passes a stock price indicator board in the lobby of the Tel Aviv Stock Exchange Ltd. (TASE) in Tel Aviv, Israel, on Monday, Sept. 2, 2019. Embattled Israeli Prime Minister Benjamin Netanyahu, running in an election that could be the fight of his political life, said he hopes to annex all Jewish West Bank settlements. Photographer: Kobi Wolf/Bloomberg
, Bloomberg
(Bloomberg) Israeli equities climbed the most in the Middle East as dual-listed firms caught up with U.S. gains from Thursday.
The countryâs TA-35 benchmark rose as much as 1.7%. Stocks that are also listed in the U.S., including Azrieli Group Ltd, Bank Leumi Le-Israel BM and ICL Group Ltd, were among the biggest gainers on Sunday. ....

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Israeli Shares Rise Most in Mideast While Egypt Slips: Inside EM

Israeli Shares Rise Most in Mideast While Egypt Slips: Inside EM
Dec 28 2020, 9:34 AM
December 27 2020, 3:13 PM
December 28 2020, 9:34 AM
(Bloomberg) Israeli equities climbed the most in the Middle East as dual-listed firms caught up with U.S. gains from Thursday.
(Bloomberg) Israeli equities climbed the most in the Middle East as dual-listed firms caught up with U.S. gains from Thursday.
The countryâs TA-35 benchmark rose as much as 1.7%. Stocks that are also listed in the U.S., including Azrieli Group Ltd, Bank Leumi Le-Israel BM and ICL Group Ltd, were among the biggest gainers on Sunday.
Elsewhere, gauges in Saudi Arabia, Bahrain, Oman and Qatar rose, with Brent crude staying above $50 a barrel in the past two weeks. ....

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