Mideast Stocks: Saudi leads major Gulf markets lower; Dubai gains
- Date: 04-May-2021
- Source: Zawya
- Sector:Financial Markets
- Country:Saudi Arabia
Mideast Stocks: Saudi leads major Gulf markets lower; Dubai gains
Most major stock markets in the Gulf fell on Thursday, with Saudi shares leading the declines, although the Dubai bourse bucked the trend on support from property stocks.
Saudi Arabia's benchmark index dropped 1%, dragged down by a 2.2% fall in Al Rajhi Bank and a 3.1% slide in the Saudi National Bank, the kingdom's largest lender.