MIDEAST STOCKS Major Gulf stocks mixed; UAE, Saudi set for monthly gain – Reuters
A general view shows the Dubai Financial Market after Joe Biden wins U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. REUTERS/Christopher PikeMajor Gulf stock markets were mixed in early trade on Monday, with indexes in the United Arab Emirates and Saudi Arabia set for monthly gains amid rising oil prices and signs of economic recovery.
Brent crude futures (.LCOc1) have gained more than 3% this month and are up more than 34% year-on-year, according to Refinitiv Eikon data.
The United…
