Mideast Stocks: Factors to watch on May 31

Asia shares try to extend rally ahead of U.S. jobs test

  
An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. Image used for illustrative purpose

An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. Image used for illustrative purpose

REUTERS/Christopher Pike

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-Asia shares try to extend rally ahead of U.S. jobs test 

* Oil prices stay firm as demand to outstrip supply in H2 

* PRECIOUS-Gold set for best month since July 2020 on softer dollar, inflation woes 

* MIDEAST STOCKS-Most major Gulf markets fall, Saudi bucks trend 

* Netanyahu's grip on power loosens as rival moves to unseat him

* Iraq procures over 2 mln tonnes of local wheat in harvest season so far 

* KAMCO Invest Says GCC Project Market Showed Healthy Recovery During Q1, 2021 

* ANALYSIS-Gaza truce shifts focus to Egypt's regional role 

* Qatar sees positive stance in talks to mend UAE ties 

EGYPT

* Egypt raises price of subsidised vegetable oil as commodity markets surge 

SAUDI ARABIA

* Saudi's Tourism Enterprises Appoints Abdul Ilah Bin Nasir Al Zarah As Chairman 

UNITED ARAB EMIRATES

* Dubai's United Foods Says Avinash Mittal Resigns As CFO 

* Mubadala Invests GBP £350 Mln In IVC Evidensia 

* ENBD REIT Says Considering Strategic Disposal Of A Real Estate Asset 

QATAR

* Qatar sees positive stance in talks to mend UAE ties 

KUWAIT

* Kuwait's KFH Says C.Bank Approves UpTo $1 Bln Sukuk Issuance 

* Warba Capital Appoints Yousef Mashari Al Qassar As CEO 

* Combined Group Contracting Gets Contract For Construction Of Crude Oil Flowlines 

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


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