archyworldys

The recovery of some Gulf markets, following their global assumptions

(MENAFN) Some Gulf markets recovered on Sunday, May 29, continuing their assumptions in the world and after the increase in black gold prices.

The Saudi stock also rose 1.3 percent, with the Al-Rajhi Bank index increasing by 2.3 percent, and the index of the black gold giant Saudi Aramco by 1.6 percent.

Among other indicators, the Zain index increased by 0.9 percent after it published today the approval of the Communications and Information Technology Commission in the Kingdom that Zain Business Ltd., a company owned by Zain Saudi Arabia, owns more than 8,069 headquarters of Zain Saudi Arabia’s communication towers.

The Qatari share also increased 0.3 percent, after three consecutive sessions of incursions, after the Industries Qatar index achieved profits by 1.3 percent and the Qatar National Bank index, the largest bank in the Gulf, rose by 1 percent.

MENAFN30052022000045014146ID1104290537

Legal Disclaimer: MENA Financial Services Network provides the information “as is” without any representations or warranties…whether express or implied. This is a disclaimer of our responsibility for the privacy practices or the content of sites attached within our network, including images. and videos. For any inquiries regarding the use and reuse of this source of information please contact the provider of the above article.

Read also  Gold prices in Egypt rise by 4 pounds, and 21 karat records 878 pounds per gram

Trending