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EQUITIES
Mideast Stocks: Gulf markets mixed in
early trade; U.S inflation data in focus
Dubai's benchmark stock index retreated from the previous session's gains
and slipped 0.5%, with most sectors in the red
Md Manzer Hussain, Reuters News
June 24, 2024
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Stock markets in the Gulf put a mixed performance in early trading on Monday, as
investors awaited a key U.S. inflation reading and comments from the Federal
Reserve officials this week.
Dubai's benchmark stock index retreated from the previous session's gains and
slipped 0.5%, with most sectors in the red. The blue-chip developer Emaar
Properties dropped 1.5% and Dubai Islamic Bank slid 1%.
ZAWYA: Mideast Stocks: Gulf markets mixed in early trade; U.S inflation data in focus