Saudi bourse jumps on earnings; Egypt extends losses

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Saudi Arabia's stock market ended higher on Sunday boosted by a slew of strong earnings, although the Egyptian bourse extended losses.

The lender reported a quarterly net profit of 1.77 billion riyals up from 1 billion riyals year ago.

Oil prices - a key catalyst for the Gulf's financial markets - jumped on Friday on signs of economic strength, but registered their third weekly decline in a row.year-on-year in the first quarter of 2023, according to initial government estimates of real gross domestic product published on Sunday.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 2. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie