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Gulf stock markets

Abu Dhabi leads most Gulf markets higher
Markets

Abu Dhabi leads most Gulf markets higher

  • Pharma company Moderna said on Monday its experimental vaccine was 94.5% effective in preventing the virus, which has ravaged economies across the globe.
  • Saudi Arabia's benchmark index rose 0.3%, with Al Rajhi Bank rising 1% and Dr Sulaiman Al-Habib Medical Services advancing 2.6%.
Published 16 Nov, 2020 07:50pm
Dubai leads Gulf markets' retreat, blue-chips hurt Egypt
Markets

Dubai leads Gulf markets' retreat, blue-chips hurt Egypt

  • In Dubai, where real estate market has been sluggish, the index declined 0.9%, dragged down by a 2.2% fall in blue-chip developer Emaar Properties .
  • The benchmark index in Saudi Arabia fell 0.3%. Al Rajhi Bank lost 0.7% and oil behemoth Saudi Aramco decreased 0.5%.
Published 13 Jul, 2020 07:02pm