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4/3/24, 8:58 AM Mideast Stocks: Gulf bourses rise in early trade on higher oil prices
Saudi traders monitor stocks at a Saudi Bank in Dammam October 26, 2008. Stringer, Reuters
Reuters Images
EQUITIES
Mideast Stocks: Gulf bourses rise in early
trade on higher oil prices
Saudi Arabia's benchmark stock index advanced 0.6%
Md Manzer Hussain, Reuters News
March 28, 2024
Stock markets in the Gulf were up in early trade on Thursday as oil prices rose, following
two consecutive sessions of decline, with traders reassessing latest data on U.S. crude oil
and gasoline inventories.
Oil prices - a catalyst for the Gulf's financial markets - were up 0.3%, with Brent trading at
$86.38 a barrel by 0750 GMT.
https://www.zawya.com/en/markets/equities/mideast-stocks-gulf-bourses-rise-in-early-trade-on-higher-oil-prices-dqz9m911 1/3
