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EQUITIES
Mideast Stocks: Gulf shares end mixed; US

Fed officials comments in focus

Investors look at stock exchange information at the Dubai Financial Market December 14, 2009.
Image for illustrative purpose.
Reuters Images/Mosab Omar
The Qatari benchmark index was up 0.2%, extending its gains for the
thirteenth session, the longest rally in nearly a year
Md Manzer, Reuters News
June 20, 2024
RELATED TOPICS
MARKETSUAEOMANMIDDLE EASTEGYPTQATARSAUDI ARABIAEQUITIES

Major stock markets in the Gulf were mixed on Thursday amid steady oil prices, while
investors awaited commentary from U.S. Federal Reserve officials to firm up bets on
interest rate cuts this year.

Oil prices, a catalyst for the Gulf's financial markets, rose 0.4% on geopolitical
developments in the Middle East ahead of U.S. inventory data, with Brent trading at

$85.41 a barrel by 1200 GMT.

https://www.zawya.com/en/markets/equities/mideast-stocks-gulf-shares-end-mixed-us-fed-
officials-comments-in-focus-yjyerd5a