Abu Dhabi leads most Gulf bourses higher; Qatar dips – Reuters
- Date: 05-Dec-2021
- Source: Reuters
- Sector:Financial Markets
- Country:UAE
Abu Dhabi leads most Gulf bourses higher; Qatar dips – Reuters
Dec 5 (Reuters) - Most Gulf bourses ended higher on Sunday, with some recouping recent COVID-19-related losses, while the Abu Dhabi index hit another record peak.
Saudi Arabia's benchmark index (.TASI) advanced 2.4%, buoyed by a 3.6% rise in Al Rajhi Bank (1120.SE) and a 7.4% leap in the Sahara International Petrochemical Company (2310.SE).
The kingdom's non-oil private sector continued to grow in November on the back of strong demand and modest price pressures for businesses. read more