Thursday 8 October 2020

GCC stock markets review: #Saudi recovers strongly in September, #UAE ends mixed | ZAWYA MENA Edition

GCC stock markets review: Saudi recovers strongly in September, UAE ends mixed | ZAWYA MENA Edition:

Most GCC stock markets, barring Oman, gained during September 2020 despite concerns over economic recovery amid the threat of a second wave of COVID-19 and a fall in oil prices. 

Sector-wise too there was a broad-based rally, as nearly all sectors in the GCC gained during the month. The energy index, however, showed a marginal decline of 0.3 percent.

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