Mideast Stocks: Factors to watch on February 5

Oil gains more than 1% on hopes for output cuts to counter China virus impact

  
Investors are seen at the Dubai International Financial Market in Dubai, UAE February 7, 2018. Image used for illustrative purpose.

Investors are seen at the Dubai International Financial Market in Dubai, UAE February 7, 2018. Image used for illustrative purpose.

REUTERS/Satish Kumar

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

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Asian shares up as China stocks edge higher but caution prevails 

* Oil gains more than 1% on hopes for output cuts to counter China virus impact

* MIDEAST STOCKS-Most of Gulf gains; Dubai bucks the trend 

* PRECIOUS-Gold prices edge higher on virus worries 

* OPEC+ panel weighs impact on oil demand from virus 

* OPEC+ invites China's UN ambassador in Vienna to technical meeting 

* Russia's Novak: can't say if it's time to deepen oil output cuts 

* Iraq says monitoring impact of China's virus on oil demand 

* Libya's oil output dropped to 187,337 bpd due to blockade -NOC 

* Draft U.N. resolution condemns Israeli annexation in Trump peace plan

* Sudan's Burhan casts doubt on rapid normalization of ties with Israel 

* UN Secretary General says Libya situation a 'scandal' 

* Iran wants to resolve issues with Saudi, UAE quickly - Iranian official 

* Iran to execute man for spying for CIA -judiciary

* Iran says it will still work with other countries on Ukrainian airliner crash investigation 

* Putin, Erdogan agree to improve coordination of actions in Syria - Kremlin

* FACTBOX-Airlines suspend China flights because of coronavirus outbreak 

EGYPT

* Egypt to sell a 45% stake of Banque du Caire in the first half of 2020 

* Egypt's CIB proposes raising $951 mln for new expansion 

SAUDI ARABIA

* Taps open for Saudi listings after Aramco's record IPO 

* Alibaba-backed fund to build HQ in Saudi 'media city' 

* Saudi Arabia reports H5N8 bird flu on farm - OIE 

UNITED ARAB EMIRATES

* Dubai airport passenger traffic drops in 2019, first time ever

* UAE'S ADNOC sets Jan crude price at $67.80 

* UAE's Tabreed close to buying Emaar Properties' district cooling unit -sources 

QATAR

* Qatar cuts January marine crude price to $67.20/bbl 

* Qatar central bank sells 600 mln riyals in T-bills 

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

More From Equities