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Major Gulf markets jump after Israel-Iran ceasefire
LONDON: Major stock markets in the Gulf advanced in early trade on Tuesday with risk appetite improving after US President Donald Trump said Iran and Israel had agreed to a ceasefire. Trump announced a complete ceasefire, potentially ending the 12-day war that saw millions flee Tehran and prompted fears of further escalation in the region. Saudi Arabia’s benchmark index rose 2.1 percent, led by a 1.9 percent rise in Al Rajhi Bank and a 2.1 percent increase in the country’s biggest lender Saudi National Bank. Elsewhere, recently-listed Flynas surged more than 7 percent to 79.80 riyals.
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arabnews.com
Most Gulf markets trade up, unfazed by rising regional tensions as US strikes Iran
LONDON: Most stock markets in the Gulf were trading higher on Sunday, relatively unscathed by escalating tension in the region following US strikes on Iranian nuclear sites, as…
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cnbc.com
Gulf markets end higher, shielded from major turmoil after the U.S. strike on Iran
Markets across the Middle East ended mostly higher on Sunday after the U.S. entered the war between Israel and Iran.
