Dubai’s benchmark gauge dropped the most, tumbling 5.2 percent as of 3:40 p.m. local time, its sharpest loss since March 2020
Middle Eastern stock markets
Latest in Middle Eastern stock markets
EY
Gulf IPO activity disappoints in Q1 as global markets hit 20-year high
Middle East and North Africa sees just three IPOs raising $294.8m during the first quarter of 2021, down 64% on Q1 2020
Emerging Markets
Mideast equities drop tracking slump in oil prices
Brent crude lost 6.8 percent last week, amid inflation concerns and worries over the trajectory of near-term demand
Eid Holiday
Most Middle East markets rise as traders return to desks
Gauges in Saudi Arabia, Dubai, Kuwait, Bahrain, Oman and Egypt climbed following last week’s increase for the MSCI Emerging Markets Index
Boeing
Facebook, Boeing stocks most popular in MENA in Q1, 2019
Saxo Bank revealed the five most traded stocks around the world
EFG Hermes
Kuwaiti stocks retreat ahead of FTSE implementation
EFG-Hermes expects $930 million in inflows to Kuwaiti stocks as a result of FTSE’s upgrade