DUBAI, Oct 16 (Reuters) - Stock markets in the Gulf may start the week on a lower footing as global markets offer little positive impetus and after some third-quarter banking sector earnings missed estimates.
On Friday, stocks in Europe rose more than 1 percent and an index of global equities gained. But Wall Street pared its gains to close just above break-even as U.S. Federal Reserve Chair Janet Yellen rattled investors when she said aggressive steps might be needed to address an economy whose potential was slipping. Brent oil futures
In Saudi Arabia, National Commercial Bank
The bank cited higher impairment charges for the fall in profits. NCB is a one of the major lenders to the troubled construction sector.
In Oman, the banking sector may weigh on the stock index
Bank Dhofar
But Ooredoo Oman
(Reporting by Celine Aswad; Editing by Andrew Torchia) ((celine.aswad@thomsonreuters.com)(+9715 62247653)(Reuters Messaging: celine.aswad.thomsonreuters.com@reuters.net))
Keywords: MIDEAST STOCKS/