Most Gulf bourses retreat as COVID-19 cases rise – Reuters
- Date: 26-Dec-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Gulf
Most Gulf bourses retreat as COVID-19 cases rise – Reuters
Dec 26 (Reuters) - Most stock markets in the Gulf were subdued on Sunday, with coronavirus infections across the region rising again after months of low or falling figures. read more
Saudi Arabia's benchmark index (.TASI) lost 0.2%, dented by a 0.3% fall for Al Rajhi Bank (1120.SE) and a 0.6% decline for Saudi National Bank (1180.SE).
Health authorities in the kingdom advised citizens and residents last week to avoid all unnecessary foreign travel. Saudi Arabia reported its first case of the Omicron coronavirus variant on Dec. 1.
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