Mideast Stocks: Factors to watch on April 9

Asian stocks gain on hopes pandemic is approaching peak

  
Investors look at electronic display boards on the trading floor at the Dubai International Financial Market March. Image for illustrative purposes.

Investors look at electronic display boards on the trading floor at the Dubai International Financial Market March. Image for illustrative purposes.

REUTERS/Mohammed Salem

DUBAI  - Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Asian stocks gain on hopes pandemic is approaching peak

* Crude futures climb ahead of OPEC+ meeting 

* MIDEAST STOCKS-Gulf stocks end mixed, Saudi edges up ahead of OPEC+ meet 

* PRECIOUS-Gold rises slightly on weak dollar amid hopes of pandemic peak

* World's biggest oil producers at odds ahead of talks on major cuts 

* Republicans in U.S. House tell Saudi crown prince to tighten oil taps or risk response 

* Saudi-led coalition announces ceasefire in five-year Yemen war 

* Abu Dhabi sells $7 billion in bonds after Qatar's jumbo issue 

* India shuns Gulf producers, diverts refiners' oil to SPR 

EGYPT

* Egypt extends nationwide night-time curfew to counter coronavirus 

* Egypt approves first issuance of sukuk by Talaat Mostafa subsidiar 

SAUDI ARABIA

* Saudi Arabia buys stakes worth $1 bln in European oil companies -WSJ 

* Saudi Arabia to give $525 mln for Yemen humanitarian, coronavirus response -minister 

* Moody's Says Saudi Arabia's Credit Profile Is Underpinned By Govt's Robust, Albeit Deteriorating, Balance Sheet

UNITED ARAB EMIRATES

* Dubai firms shed jobs in March as coronavirus hits business - PMI

* NMC Health expects to be placed into administration as talks with lenders fail

* UAE's Julphar To Decrease Capital To Extinguish Accumulated Losses

* UAE stimulus to help bank liquidity but virus may increase problem loans - Moody's

* Arabtec Holding Says Wail Farsakh Takes Over Group CEO Role

* UAE's Dana Gas Says Potential Sale Of Assets In Egypt Impacted By COVID-19

* UAE's Julphar To Decrease Capital To Extinguish Accumulated Losses

QATAR

* Qatar's GDP falls 0.6% year-on-year in fourth quarter

* Qatar Airways Cargo Prioritises Transport Of Essential Medical Supplies And Aid Relief

KUWAIT

* Kuwait oil minister says intention at OPEC+ meeting to reduce output by 10 mln-15 mln bpd -newspaper

* National Cleaning Says Precautionary Measures Imapcted Cleaning Services In Commercial Sector

OMAN

* Oman to lock down Muscat governorate from April 10-22 -state media

* Oman's SMN Power Holding Q1 Profit Rise

BAHRAIN

* Bahrain to pay private sector salaries as Gulf scrambles to shield migrant workers from COVID-19

(Compiled by Dubai newsroom) ((dubai.newsroom@thomsonreuters.com))

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