Mideast Stocks - Factors to watch on May 2

Saudi bourse underperforms subdued Gulf markets

  
A Saudi trader casts a shadow as he monitors stock information at the Saudi stock market in Riyadh, Saudi Arabia August 25, 2020. Image used for illustrative purpose

A Saudi trader casts a shadow as he monitors stock information at the Saudi stock market in Riyadh, Saudi Arabia August 25, 2020. Image used for illustrative purpose

REUTERS/Ahmed Yosri

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

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-World shares off record peak; dollar rises 

* India demand fears, weak Japan crude imports knock oil prices 

* PRECIOUS-Palladium surpasses $3,000 for first time on supply shortfall 

* MIDEAST STOCKS-Saudi bourse underperforms subdued Gulf markets 

* Iran negotiator: based on accords so far, U.S. sanctions on oil, banks would be lifted 

* Iran again boosts OPEC oil output in April -Reuters survey 

* Saudi air defenses intercept drone headed towards Khamis Mushait - coalition 

* Medics work to identify the 45 killed in Israeli stampede

* Palestinian leader delays parliamentary and presidential elections, blaming Israel 

* POLL -Oil prices to drift higher despite India demand hiccup 

* Lebanese prosecutor opens probe into central bank governor and brother 

EGYPT

* Italian prosecutors ask judge to try Egyptian officers over Regeni murder 

* Three Ever Given crew members to leave the ship

* Polish scientists discover ancient Egyptian mummy was pregnant woman 

SAUDI ARABIA

* Riyad Bank Quarterly Profit Falls 

* Saudi British Bank Quarterly Profit Nearly Flat

* SABIC beats forecasts with $1.3 bln first-quarter net profit 

* Saudi's Savola Group Qtrly Profit Down 11% 

UNITED ARAB EMIRATES

* Mashreqbank Q1 Profit Falls

* Port operator DP World launches wholesale e-commerce platform 

* CBUAE Issues Specialised Banks With Low Risk Regulation 

* UAE's Etisalat Considering To Refinance Euro Bond Note Of €1.2 Bln Maturing In June 2021 

* UAE's Etisalat Q1 Profit Rises 

QATAR

* Qatar posts small surplus in Q1, sees no new borrowing for 2021 budget 

* Qatar Airways To Ship Essential Medical Supplies To India Free Of Charge 

KUWAIT

* Kuwait's Ahli United Bank Gets CBK’s Initial Approval To Issue Additional Tier1 Capital Sukuk 

* Kuwait's Burgan Bank Q1 Profit Falls

OMAN

* Oman crude OSP fall to $63.1/bbl for June

BAHRAIN

* Moody's Changes Bahrain's Outlook To Negative 

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

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