Traders will look towards second-quarter results for direction this week as macroeconomic factors including the Greek debt crisis recede and play a diminishing role in decision making.
Companies in Saudi Arabia and Qatar are among the first to report earnings so the markets in both countries will be of particular interest.
Both markets are also home to some of the largest companies in the Gulf, such as the petrochemicals giant Saudi Basic Industries Corporation and Qatar National Bank (QNB), the region's largest lender.
No comments:
Post a Comment