Middle Eastern Stocks Climb With Earnings in Focus: Inside EM - Bloomberg:
Most Middle Eastern equity markets gained at the start of the week, with investors focusing on earnings across the region.
Dubai’s benchmark index rose for a seventh consecutive session as banks and real estate companies climbed. Stock gauges in Qatar, Bahrain, Oman, Kuwait, Egypt and Israel also advanced.
Saudi retailer United Electronics Company, or Extra, finished at a record high after full-year profit beat the average estimate among analysts. Food producer Almarai Co. extended losses to a third day after disclosing profit that missed the lowest estimates.
Other names expected to deliver results this week are National Commercial Bank, Samba Financial Group and National Bank of Kuwait.
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