Mideast Stocks: Factors to watch on June 9

World stocks near record high, U.S. bond yields near 1-month low

  
Clocks showing the time in different cities of the world are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. Image used for illustrative purpose

Clocks showing the time in different cities of the world 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 Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-World stocks near record high, U.S. bond yields near 1-month low 

* Oil rises for second day on signs of strong fuel demand recovery 

* PRECIOUS-Gold firms on lower bond yields; U.S. data, ECB meet in focus 

* MIDEAST STOCKS-Abu Dhabi, Saudi manage small gains; other Gulf indexes muted 

* ANALYSIS-Iran nuclear deal rescue needs more time, envoys say ahead of fresh talks 

* Saudi Aramco launches first dollar sukuk bond - term sheet 

* Netanyahu faces end of rule in parliamentary vote on new government 

* Qatar Airways halts A350 deliveries after jet surface problem

* Syria intercepts Israeli missile strike over Damascus -state media 

EGYPT

* Foreign holdings in Egyptian treasuries at $28-29 billion by the end-May 

* Egypt's vegoils reserves sufficient until end-November following GASC purchase

* Bank Al Sharq Posts Qtrly Loss

* Egypt's FRA Extends Period For Mandatory Purchase Offer By Aldar For Sodic 

* Beltone Financial Says Abdel Latif Mahmoud Abdel Latif Mahgoub Raises Stake To 5.1% 

SAUDI ARABIA

* Saudi sovereign fund PIF appoints two to new deputy governor roles

* Saudi's CMA Approves Initial Public Offering Of Tanmiah Food Co 

UNITED ARAB EMIRATES

* Abu Dhabi's Mubadala joins EIG-led consortium buying Aramco pipeline stake 

* UAE Based Ziina Raises $7.5 Mln In Latest Funding Round 

* Emirates Development Bank sells $750 mln in five-year bonds 

* Air Arabia Abu Dhabi Launches Direct Flight To Yerevan 

KUWAIT

* Kuwait approves Johnson & Johnson Covid vaccine

* Kuwait Finance House Gets CMA Approval For Sukuk Issuance 

OMAN

* Oman gets $1.75 billion as sukuk comeback sees huge demand 

* Oman's Asyad to focus on ports, shipping - ONA 

BAHRAIN

* GFH Financial Group Approaches KHCB For Proposed Voluntary Takeover Offer

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


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