Most Gulf markets in black ahead of earnings; oil geopolitics cap gains
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2024
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Should l Buy ?
Source: Reuters
Gulf Stock Market Performance: Most Gulf stock markets saw gains as investors anticipated the third-quarter earnings season, with notable increases in Saudi Arabia and Dubai, despite regional conflicts and declining oil prices impacting overall growth.
US Warning to Israel: The United States has urged Israel to improve humanitarian conditions in Gaza within a month or risk facing restrictions on military aid, marking a significant warning amid ongoing tensions related to the conflict with Hamas.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
