Gulf Markets Rise in Wake of Saudi Defense Pact
Investors focused on Middle East diplomacy and a heavy week of earnings and central bank decisions as Brent crude fell 1%, analysts said.
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4 Articles
Most equity markets in the Gulf region were closed at an altitude, today Tuesday, amid diplomatic efforts to reduce escalation in the Middle East, and gains in the shares of a number of large companies.
Gulf Markets Rise in Wake of Saudi Defense Pact
Most Gulf bourses ended higher on Tuesday as diplomatic efforts to de-escalate the Middle East conflict gathered pace, a day after Saudi, Turkish and Pakistani officials held talks in Tehran. It was the first high-level contact between Iran and the three allies…
Stocks rise and oil slips on Middle East diplomacy efforts ahead of Big Tech earnings
Oct 27 : Global stocks rose and oil prices slipped on Tuesday as investors weighed efforts to end the Middle East conflict ahead of US Big Tech earnings, seen as a key test of AI trade, and central bank meetings that could shape the near-term outlook for interest rates.Iran's supreme leader met with the count
Presby-Smaniuse/Royter follow-up oil prices have declined today by about 1%, as concerns about supplies have receded with the ongoing negotiations with Iran, which give rise to a number of problems.
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