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MIDEAST STOCKS Saudi index outperforms as financials boost; Egypt falls

  • 📰 Reuters
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  • Publisher: 97%

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Saudi Arabian shares ended higher on Sunday, outperforming other Gulf peers, buoyed by gains in banking stocks, while Egypt's blue-chip index extended losses.

From June 15 Abu Dhabi, the United Arab Emirates' second-most populous emirate, will limit entry to shopping centres, restaurants, cafes and other public places to those who have been vaccinated against COVID-19 or recently tested negative for the coronavirus.

Daily coronavirus cases in the UAE, a federation of seven emirates, have risen over the past three weeks.traded flat as gains in property shares were offset by declines in financial stocks.

 

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MIDEAST STOCKS Saudi index firms as other Gulf markets remain subduedMajor Gulf stock markets were little changed in early trade on Sunday, though the Saudi index was up 0.4% to extend gains from the previous four sessions.
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