Mideast Stocks: Factors to watch on May 3

Asia off to slow start ahead of U.S. data deluge

  
Electronic boards showing stock information are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

Electronic boards showing stock information 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-Asia off to slow start ahead of U.S. data deluge 

* Oil prices slip as pandemic takes toll on India's fuel sales

* PRECIOUS-Gold inches higher on subdued dollar ahead of U.S. data

* MIDEAST STOCKS-Major Gulf markets end mixed; Dubai index outshines 

SAUDI ARABIA

* Saudi Arabia to open land, sea, air borders as of May 17 

* Saudi Exchange Says Foreigners Buy A Net 3.68 Billion Riyals Of Stocks In April 

* Middle East Paper Q1 Profit Rises 

* Herfy Food Services Appoints Khalid Ahmad Hamad Al Said As Acting CEO

UNITED ARAB EMIRATES

* UAE's flydubai reports $194 mln loss for 2020 

* Bank Of Sharjah FY Loss Widens 

* UAE economy shrank 6.1% last year amid COVID-19 crisis -preliminary data 

* Dubai Gold and Commodities Exchange says Israeli firms can join 

* Aramex Board Will discuss Appointment Of New CEO

* Dubai Investments Posts Q1 Profit 

KUWAIT

* Al-Arabiya Real Estate Restructures Banking Facility With Local Bank 

* Kuwait's Al-Kout Industrial Projects Q4 Loss Widens 

* Kuwait's Aayan Leasing And Investment Posts Q1 Profit

OMAN

* Oman bans commercial activity all day from May 8 to May 15 - state news agency 

* Oman's public revenues drop 31% in Q1 on COVID-19, lower oil price 

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


More From Equities