<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body="
and fell Prices of crude oilan important catalyst for the Gulf financial markets amid fears of sharp rises interest rates by global policy makers to slow economies and influence demand, while imposing new restrictions to fight the Corona virus China to exert more pressure on prices.
A private sector survey showed that Chinese factory activity contracted for the first time in three months in August due to weak demand.
The leading index in Saudi Arabia was down 1.24%, until noon, risking losses for the second session, affected by the decline in shares of Dr. Sulaiman Al-Habib Medical Services Group and the decline in Al- Rajhi Bank.
The Qatar index fell 1.4%, with most stocks falling, including Qatar Islamic Bank.
In Abu Dhabi, the index fell about 1% with a loss of shares in First Abu Dhabi Bank, the largest bank in the Emirates. Dubai’s leading stock index also fell 0.3%.
and decline oil prices Today, the price of Brent crude fell roughly 1.6 percent to around $ 94 a barrel and West Texas Intermediate crude 1.5 percent to $ 88 a barrel.
“>
and fell Prices of crude oilan critical catalyst for the Gulf economical marketplaces amid fears of sharp rises desire rates by world wide policy makers to slow economies and impact desire, when imposing new limits to struggle the Corona virus China to exert more stress on charges.
A private sector study confirmed that Chinese factory action contracted for the initial time in three months in August thanks to weak need.
The top index in Saudi Arabia was down 1.24%, till noon, jeopardizing losses for the next session, influenced by the decrease in shares of Dr. Sulaiman Al-Habib Healthcare Services Team and the drop in Al- Rajhi Bank.
The Qatar index fell 1.4%, with most shares slipping, which includes Qatar Islamic Lender.
In Abu Dhabi, the index fell about 1% with a reduction of shares in Initially Abu Dhabi Financial institution, the greatest financial institution in the Emirates. Dubai’s top inventory index also fell .3%.
and decline oil selling prices Right now, the price of Brent crude fell approximately 1.6 percent to all-around $ 94 a barrel and West Texas Intermediate crude 1.5 p.c to $ 88 a barrel.
–
