|29 March, 2020

Mideast Stocks - Factors to watch on March 29

Most major Gulf stocks decline, but banks boost Saudi

A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018.

A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018.

REUTERS/Faisal Al Nasser

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.


* GLOBAL MARKETS-Stocks down on virus' economic toll; dollar falls further 

* Oil plunges posting fifth straight weekly loss despite stimulus efforts 

* MIDEAST STOCKS-Most major Gulf stocks decline, but banks boost Saudi 

* PRECIOUS-Gold eases, but eyes biggest weekly gain since 2008 

* EXCLUSIVE-Iranian diplomats instigated killing of dissident in Istanbul, Turkish officials say 

* Iran to use 20% of state budget to fight coronavirus 

* Iran urges U.S. to free Iranian prisoners amid coronavirus 

* Iraq proposes budget cuts to foreign oil firms after oil price crash

* In Iraq, coronavirus terrifies even doctors hardened by conflict

* Lebanon's Berri may suspend cabinet support over coronavirus expat policy 

* Lebanon in talks with IMF over help to combat coronavirus 

* Lebanon vows total economic overhaul by year-end amid debt talk kick off

* Beirut international airport to remain closed until April 12

* Morocco to spend $200 million to brace health system for coronavirus 

* EU offers 450 mln euros to help Morocco counter coronavirus - statement 

* Morocco to halt import duties on soft wheat, durum and grains - statement 

* Algeria extends curfew to nine more provinces over coronavirus outbreak 

* Syria bans most domestic travel in coronavirus lockdown

* Israel's Gantz angers supporters with move towards unity government

* Armed Israeli troops to help enforce coronavirus lockdown 

* New coronavirus cases confirmed in Libya as war escalates 


* Egypt to halt legume exports for 3 mths due to coronavirus -ministry

* Egypt reports 39 new coronavirus cases, 3 deaths 

* Egypt reduces GDP growth target for FY 2019-2020 to 5.1% - minister 


* Britain, U.S. working with Saudis to repatriate citizens 

* Saudi Arabia says no talks on new oil deal, Moscow suggests larger OPEC+ 

* Missiles intercepted above Saudi capital and city of Jazan -state media 


* UAE extends nightly curfew as Qatar reports first coronavirus fatality

* Dubai braces for financial hit as coronavirus batters vital tourism 

* Abu Dhabi crown prince, Syrian president discuss coronavirus

* S&P cuts DAMAC's rating, puts Emaar Properties, Emaar Malls on creditwatch

* S&P: Outlooks on five UAE banks revised to negative on deteriorating operating environment 

* NMC Health chairman steps down amid "difficult period' 


* S&P lowers Kuwait but affirms Saudi, Qatar ratings despite lower oil prices 


* S&P cuts Oman rating deeper into junk, trims Bahrain's outlook 

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

More From Equities