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Houseofsaud - 2 years ago

Minimal Movement for Most Gulf I Saudi Sees a Decline

On March 24, there was a negligible variation in the majority of Gulf stock markets, although Saudi Arabia experienced a slip. Lowered oil prices were a contributing factor to suppressing investor morale, following earlier boosts that were attributed to promising signs from the U.S Federal Reserve. The fluctuating oil prices, consequential to the finance sector within the Gulf, saw a decrease on Friday. Factors contributing to this included a potential ceasefire in Gaza, a rising dollar, and a reduction in U.S. gasoline demand. The primary Qatari index posted a marginal increase, owing this uptick to communication services, materials, consumer necessities, The post Minimal Movement for Most Gulf I Saudi Sees a Decline appeared first on House of Saud.


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