Mideast Markets Are Mixed as Trade Remains in Focus: Inside EM - Bloomberg

Mideast Markets Are Mixed as Trade Remains in Focus: Inside EM - Bloomberg: MIDDLE EASTERN MARKETS:

• Saudi Arabia’s Tadawul All Share Index lost 0.6% as of 10:25am in Riyadh 
• Index dropped 5% last week, extending decline in August to 8.2% 
• Abu Dhabi’s ADX General Index fell 0.4%, while peers Dubai and Doha climb as much as 0.3% in volatile trading 
• Telecom operator Etisalat falls 1.3% and contributes the most to the decrease in Abu Dhabi 
• Kuwait’s gauge bucks the trend to rise as much as 1%, boosted by lenders 
• Ahli United Bank and Kuwait Finance House gain 2.1% and 0.7%, respectively, after AUB said that due diligence for a merger with KFH has been completed
  Stock markets in 
• Oman and Bahrain are closed due to a local holiday