Gulf bourses mixed, Aramco gains on 2021 profit boost – Reuters

Gulf bourses mixed, Aramco gains on 2021 profit boost – Reuters

March 21 (Reuters) - Major Gulf bourses were mixed in trading on Monday, with Saudi Arabia's benchmark index (.TASI) rising a day after oil giant Saudi Aramco (2222.SE) posted a surge in annual profit.

Across the globe, share markets were in a sober mood as fighting in Ukraine raged on with no sign of stopping, leaving investors clutching at hopes for an eventual peace deal, while oil prices climbed anew as supplies remained tight.

Oil prices jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a weekend attack on Saudi oil facilities caused jitters.