Sunday 22 March 2020

Middle East stocks extend drop, despite new economic measures - Arabianbusiness

Middle East stocks extend drop, despite new economic measures - Arabianbusiness:



  • Abu Dhabi’s ADX General Index loses 3.5% as of 11:50 a.m. local time
  • First Abu Dhabi Bank -4.6%, Etisalat -4.7% Abu Dhabi Commercial Bank -3.9%
  • Dubai’s DFM General Index retreats 1.8%
  • Emirates NBD -4.8%; Emaar Properties -3.1%; DU -2%
  • Saudi Arabia’s Tadawul All Share Index falls 1.5%
  • Saudi Aramco -1.2%; STC -2%; Sabic -1.5%
  • Exchanges in Kuwait, Oman and Bahrain are closed due to a local holiday
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