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Gulf shares up as Israel-Iran ceasefire holds, Dubai hits 17-year high
LONDON: Stock markets in the Gulf closed higher on Thursday amid steady oil prices as a ceasefire between Israel and Iran appeared to be holding for a second day. Markets have been soothed by the ceasefire after 12 days of strikes on each other’s territory. US President Donald Trump said on Wednesday he would likely seek a commitment from Iran to end its nuclear ambitions at talks next week. Saudi Arabia’s benchmark stock index extended its gains to a fourth straight session, rising 0.9 percent, with most sectors in the green.
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cnbc.com
Stock futures rise after Trump says there is a ceasefire timeline for Iran-Israel conflict: Live updates
All three major averages rose on Monday, despite Iran's retaliatory attack on an American military base in Qatar.
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scmp.com
Hong Kong stocks jump by most in 2 weeks on Iran-Israel truce as oil slides
Futures on WTI oil tumbled more than 3 per cent to US$66.21 a barrel in Asian trading hours, tempering concerns about inflation.
