Sunday, 23 February 2025

Gulf bourses subdued, #Saudi closed for public holiday | Reuters

Gulf bourses subdued, Saudi closed for public holiday | Reuters


Stock markets in the Gulf were mixed on Sunday, with the Saudi bourse closed for a public holiday.

In Qatar, the index (.QSI), opens new tab nudged 0.1% lower, hit by a 1% fall in Qatar Gas Transport Nakilat (QGTS.QA), opens new tab.

Outside the Gulf, Egypt's blue-chip index (.EGX30), opens new tab added 0.3%, helped by a 0.9% rise in Commercial International Bank (COMI.CA), opens new tab.

Egypt's central bank kept its key overnight interest rates unchanged on Thursday, as expected, citing the impact on inflation of uncertainty around U.S. protectionism and geopolitics.

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