Mideast Stocks: Factors to watch on December 6

U.S. & European stock futures rise, oil bounces

  
Clocks showing the time in different cities of the world are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

Clocks showing the time in different cities of the world are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

REUTERS/Abdel Hadi Ramahi

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

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-U.S. & European stock futures rise, oil bounces  

* Oil gains more than $1/bbl after Saudi price hike  

* PRECIOUS-Gold flat as subdued bond yields counter faster Fed taper bets  

* MIDEAST STOCKS-Abu Dhabi leads most Gulf bourses higher; Qatar dips  

* COLUMN-What OPEC+ does with output matters more than what it says: Russell 

* U.S. reluctance to lift all Iran sanctions main hurdle to reviving 2015 pact- Iranian official  

EGYPT

* Egypt PMI steady in Nov as input costs rise  

SAUDI ARABIA

* Saudi Arabia raises January Arab Lt crude price to Asia to near 2-year high  

* Saudi sovereign fund PIF selling 5.01% stake in STC in secondary offer  

* Saudi crown prince will start tour of Gulf region on Monday - Al Arabiya 

UNITED ARAB EMIRATES

* UAE's top security official to visit Iran on Monday 

* UAE defence ministry says French warplanes not a substitute for U.S. jets 

* Abu Dhabi's Mugharraq port certified as international port facility 

* BUZZ-IHC subsidiary Multiply slides in debut trade 

BAHRAIN

* Bahrain Bourse aims for five new listings next year - Sky News Arabia

* Bahrain considers new index for interbank transactions - central bank 

* Bahrain central bank plans to offer digital Dinar - Sky News Arabia 

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


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