MIDEAST STOCKS-Gulf markets mixed after Brent oil drops from 2015 high | Reuters:
"Gulf stock markets were mixed on Sunday as weaker oil offset the positive news of a truce agreed in Yemen, but bourses in the United Arab Emirates attracted investors who placed bets ahead of the last wave of first-quarter earnings reports.
Early in the day, Yemen's Houthi rebels and the group's army allies said they had accepted Saudi Arabia's proposal for a five-day truce to begin on Tuesday, which could bolster Gulf investors' hopes that a military intervention by Saudi-led ground forces will be avoided.
However, Brent crude oil posted its first weekly loss in a month on Friday as the market fretted again about global oversupply; Brent, which hit a 2015 high just below $70 per barrel last week, closed at $65.39 on Friday."
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