Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Stock

Saudi bourse extends rebound from 4-month low; Qatar falls

admin by admin
December 1, 2024
in Stock
0
Saudi bourse extends rebound from 4-month low; Qatar falls
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

By Ateeq Shariff

(Reuters) – Saudi Arabia’s stock market ended higher on Sunday, building on the previous session’s rebound from a near four-month low.

Saudi Arabia’s benchmark index gained 0.9%, with aluminium products manufacturer Al Taiseer Group rising 0.7% and Al Rajhi Bank increasing 1.9%.

Among other gainers, oil giant Saudi Aramco (TADAWUL:2222) added 0.4%, ahead of a meeting of OPEC+.

OPEC+ is discussing postponing its oil output hike due to start in January for the first quarter of 2025, Reuters reported on Thursday, citing OPEC+ sources, and will hold further talks on this and other options ahead of its delayed policy meeting on Dec. 5.

In Qatar, the index eased 0.2%, hit by a 1% fall in petrochemical maker Industries Qatar and a 0.8% decrease in Qatar Islamic Bank.

Outside the Gulf, Egypt’s blue-chip index gained 0.7%, led by a 2.9% rise in tobacco monopoly Eastern Company.

Egypt’s M2 money supply rose by 29.54% year-on-year in October, central bank data showed.

Money supply stood at 11.24 trillion Egyptian pounds ($226.84 billion), up from 8.68 trillion pounds in the same month last year.

SAUDI ARABIA rose 0.9% to 11,742

QATAR eased 0.2% to 10,393

EGYPT up 0.8% to 30,497

BAHRAIN was flat at 2,031

OMAN gained 0.3% to 4,578

($1 = 49.5500 Egyptian pounds)

This post appeared first on investing.com

Previous Post

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.86%

Next Post

10 key investor questions on MicroStrategy stock answered by Bernstein

admin

admin

Next Post
10 key investor questions on MicroStrategy stock answered by Bernstein

10 key investor questions on MicroStrategy stock answered by Bernstein

Trending News

Solana (SOL) Set to Hit $400 in 25 Days, While Viral Crypto Below $1 Could Flip $420 into $24,000 Before Cycle Top

Solana (SOL) Set to Hit $400 in 25 Days, While Viral Crypto Below $1 Could Flip $420 into $24,000 Before Cycle Top

July 29, 2025
Euro zone inflation climbs to 2.4% in December, meeting expectations

Euro zone inflation climbs to 2.4% in December, meeting expectations

January 7, 2025
Inflows into Asian bonds slow on caution over US rate cuts, elections

Inflows into Asian bonds slow on caution over US rate cuts, elections

October 16, 2024
Subscribe to Insightful Word


    Recent News

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    August 28, 2025
    SentinelOne stock price forecast ahead of earnings: buy or sell?

    SentinelOne stock price forecast ahead of earnings: buy or sell?

    August 28, 2025
    Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    August 28, 2025
    Urban Outfitters stock slides 4% despite strong quarter on cautious outlook

    Urban Outfitters stock slides 4% despite strong quarter on cautious outlook

    August 28, 2025

    Recent News

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    August 28, 2025
    SentinelOne stock price forecast ahead of earnings: buy or sell?

    SentinelOne stock price forecast ahead of earnings: buy or sell?

    August 28, 2025

    Latest News

    • Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in
    • SentinelOne stock price forecast ahead of earnings: buy or sell?
    • Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.