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Search resuls for: "Qatar bourse"


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A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018. REUTERS/Faisal Al Nasser/File Photo Acquire Licensing RightsOct 1 (Reuters) - Saudi Arabia's stock market ended lower on Sunday in response to Friday's fall in oil prices, while the Egyptian index extended loses on profit-taking. Saudi Arabia's benchmark index (.TASI) fell 0.1%, extending losses from the previous session, weighed down by a 0.9% fall in oil giant Saudi Aramco (2222.SE). Oil prices - a key catalyst for the Gulf's financial markets - settled 1% lower on Friday due to macroeconomic concerns and profit-taking. Saudi Arabia is expected to tap the international debt markets to finance a projected budget deficit in 2023-2024, the finance ministry said, against a backdrop of lower oil prices and the country's extended oil production cuts.
Persons: Faisal Al Nasser, Ateeq, David Holmes Organizations: REUTERS, Saudi, Saudi Aramco, Qatar National Bank, Qatar bourse, Banking, Thomson Locations: Saudi, Riyadh, Saudi Arabia, Qatar, Ateeq Shariff, Bengaluru
Qatar bourse gains on rising oil prices; Egypt falls
  + stars: | 2023-07-23 | by ( Ateeq Shariff | ) www.reuters.com   time to read: +1 min
July 23 (Reuters) - Qatar's stock market ended higher on Sunday in response to Friday's rise in oil prices, while the Saudi index finished flat. In Qatar, the key stock index (.QSI) gained 0.5%, rising for an eighth consecutive session, led by a 10% surge in Barwa Real Estate Co (BRES.QA). Last week, the real estate firm agreed to sell two land plots in Lusail area for 6.36 billion riyals ($1.75 billion). Outside the Gulf, Egypt's blue-chip index (.EGX30) eased 0.2% on Sunday, hit by a 1.1% fall in tobacco monopoly Easter Company. ($1 = 3.6425 Qatar riyals)Reporting by Ateeq Shariff in Bengaluru; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Ateeq, Hugh Lawson Organizations: Clean Energy, Company, Thomson Locations: Saudi, Russia, Ukraine, Qatar, Ateeq Shariff, Bengaluru
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