Mideast Socks: Factors to watch on May 10

Asian shares jump on hopes for low rates, oil up on cyber attack

  
Electronic boards displaying stock information are seen as an investor walks past at the ADX Abu Dhabi Securities Exchange stock market. Image used for illustrative purpose

Electronic boards displaying stock information are seen as an investor walks past at the ADX Abu Dhabi Securities Exchange stock market. Image used for illustrative purpose

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-Asian shares jump on hopes for low rates, oil up on cyber attack 

* Oil rises 1% after cyber attack forces closure of U.S. fuel 'jugular' pipeline 

* PRECIOUS-Gold firms as U.S. jobs data miss cements low rates view

* MIDEAST STOCKS-Abu Dhabi outperforms as most Gulf markets gain 

* Israel plays for time on flashpoint Jerusalem evictions 

* Jordan warns Israel against 'barbaric' attacks on mosque 

* Saudi Arabia will organize pilgrimage to Mecca this year under special conditions to guard against COVID 

* Attack by unmanned aerial surveillance system targets Iraqi air base - US-led coalition 

* Iran's Rouhani upbeat on accord at talks to lift sanctions 

EGYPT

* Egypt executes monk for murder of bishop at monastery 

* Alexandria National Company For Financial Investment Q1 Loss Narrows 

SAUDI ARABIA

* Bank Aljazira Announces Redemption Of SAR 2 Bln Tier 2 Sukuk Due 2026

* Bindawood Holding Qtrly Profit Falls

* Theeb Rent A Car Qtrly Profit Falls

* Chubb Arabia Cooperative Insurance Qtrly Pre-Zakat Profit Down 28.1% 

UNITED ARAB EMIRATES

* ADQ-backed Senaat seeks merger between Arkan and Emirates Steel

* Abu Dhabi's ADNOC invites banks to pitch for bookrunner roles for drilling unit IPO-sources 

* Air Arabia Q1 Profit Falls 

* DP World says Congo port concession terms amended 

* Tabreed Q1 Profit Rises

QATAR

* Qatar to gradually lift coronavirus measures starting May 28 - statement 

* Qatar cuts June Marine, Land crude official selling prices

KUWAIT

* Zain Group Q1 Profit Falls 

* Kuwait's KAMCO Investment Posts Q1 Profit

* Shamal Az-Zour Al-Oula Power And Water Q1 Profit Rises

BAHRAIN

* Trafco Group Q1 Profit Falls 

* Bahrain Kuwait Insurance Q1 Profit Rises

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

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