Sunday 14 July 2019

MIDEAST STOCKS- #Saudi market strong on Q2 results, Aldar boosts #AbuDhabi - Reuters

MIDEAST STOCKS-Saudi market strong on Q2 results, Aldar boosts Abu Dhabi - Reuters:

Most Gulf stock markets rose in early Sunday trading, mirroring gains late last week in global markets, and supported by some companies’ positive second-quarter results.

In Saudi Arabia, the Tadawul main index was up 0.6%, with banks leading the gains.

Dubai’s Arqaam Capital said in a research note last week it expected Saudi Arabia to deliver the strongest second-quarter earnings performance in the Gulf.

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