Mideast Stocks: Factors to watch on July 13

Stocks hit record; U.S. Treasury yields hover above 5-month lows

  
A woman uses her mobile at Dubai Financial Market in Dubai, United Arab Emirates September 16, 2019.

A woman uses her mobile at Dubai Financial Market in Dubai, United Arab Emirates September 16, 2019.

REUTERS/Christopher Pike

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

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Stocks hit record; U.S. Treasury yields hover above 5-month lows 

* Oil rises on expectations of U.S. crude stocks falling 

* PRECIOUS-Gold holds steady as investors await U.S. inflation data 

* MIDEAST STOCKS-Saudi index snaps five-day losing streak; Qatar extends losses 

* OPEC+ yet to make progress in resolving impasse, sources say 

* Jordan sentences former top courtier to 15 years in jail over alleged plot 

* Saudi, Oman call for continued oil cooperation between OPEC and allies 

EGYPT

* Egypt passes law expanding right to sack civil servants suspected of links to terrorism - sources 

SAUDI ARABIA

* Saudi Aramco drops Morgan Stanley on gas pipelines deal -sources 

* Saudi sovereign wealth fund scopes banks for ESG framework - sources 

* Saudi to supply full contract of Aug-loading crude to at least five Asian buyers -sources 

UNITED ARAB EMIRATES

* BRIEF-Arbitration Tribunal Rejects Djibouti Port's Bid To Escape Contract With DP World

* BRIEF-First Abu Dhabi Bank And State Street Announce Strategic Alliance 

* BRIEF-DXB Entertainments Shareholders Approve Conversion Of Company Into Private Joint Stock Co 

QATAR

* BRIEF-Qatar Petroleum And Korea Gas Corporation Sign 20-Year SPA For LNG Supply

* BRIEF-Qatar's Nakilat H1 Profit Rises 

KUWAIT

* Kuwait shuts down children's activities to combat coronavirus - Cabinet 

* Kuwait's KIPIC receives first LNG shipment - KUNA 

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


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