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11/7/24, 3:20 PM Mideast Stocks: Most Gulf markets gain on Trump's presidential win
Investors talk with each other as they monitor a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi
Arabia June 29, 2016.
Reuters Images/Faisal Al Nasser
Mideast Stocks: Most Gulf markets gain on Trump's
presidential win
Saudi Arabia's benchmark index gained 0.7%, Dubai's main share index added 0.5% and in
Abu Dhabi, the index added 0.4%
Ateeq Shariff, Reuters News
November 6, 2024
Most stock markets in the Gulf ended higher on Wednesday as a win by Republican Donald Trump in the
U.S. presidential election fuelled expectations of more business-friendly policies, analysts said.
Saudi Arabia's benchmark index gained 0.7%, Dubai's main share index added 0.5% and in Abu Dhabi,
the index added 0.4%.
"Analysts noted that these market moves align with investor expectations of a Trump administration’s
economic approach, prioritising reduced regulatory pressures and trade policy changes," Mohamed
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