MIDEAST STOCKS-Gulf stocks gain ahead of corporate earnings, Qatar outperforms - Reuters:
All major Gulf stock markets gained on Monday ahead of corporate earnings, which are expected to gather pace later this week, with Qatar outperforming its regional peers.
Qatar’s index was up 0.5%, led by lenders. Masraf Al Rayan advanced 2.8%, while Qatar Islamic Bank rose 1.3% ahead of its nine-month earnings on Wednesday.
Saudi Arabia’s index inched up 0.2% after five straight sessions of losses, with Al Rajhi Bank and Saudi Telecom gaining 0.5% and 0.6%, respectively.
No comments:
Post a Comment