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{"source_url": "https://www.nasdaq.com", "url": "https://www.nasdaq.com/articles/mideast-stocks-most-major-gulf-markets-subdued-aramco-retreats-2019-12-30", "title": "MIDEAST STOCKS-Most major Gulf markets subdued, Aramco retreats", "top_image": "https://www.nasdaq.com/sites/acquia.prod/files/2019-12-30T082622Z_1_IC3_RTRLXPP_2_LYNXPACKAGER.JPG", "meta_img": "https://www.nasdaq.com/sites/acquia.prod/files/2019-12-30T082622Z_1_IC3_RTRLXPP_2_LYNXPACKAGER.JPG", "images": ["https://www.nasdaq.com/themes/nsdq/dist/assets/images/logo.svg", "https://www.nasdaq.com/sites/acquia.prod/files/2019-12-30T082622Z_1_IC3_RTRLXPP_2_LYNXPACKAGER.JPG", "data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7", "https://www.nasdaq.com/themes/nsdq/dist/assets/images/logo-half-white.svg", "https://www.nasdaq.com/themes/nsdq/dist/assets/images/bg-texture--geometric--mobile.png"], "movies": [], "text": "Dec 30 (Reuters) - Most Gulf stock markets were sluggish in thin trading early on Monday, with financials hurting Saudi Arabia and telecoms company Etisalat falling in Abu Dhabi.\n\nSaudi Arabia's benchmark index .TASI edged down 0.1%. Al Rajhi Bank 1120.SE lost 0.3% and Arab National Bank 1080.SE was down 0.9%, a day after its board proposed a lower second-half dividend.\n\nOil giant Saudi Aramco 2222.SE slipped 0.1%, after two days of gains. On Tuesday, Aramco said Goldman Sachs may buy more of its shares to support the price. The so-called stabilisation period will end on Jan. 9.\n\nRiyad Bank 1010.SE added 0.3% after raising its dividend for the second half to 0.55 riyal per share.\n\nThe Abu Dhabi index .ADI opened 0.1% lower as Emirates Telecommunications ETISALAT.AD lost 0.4%.\n\nElsewhere, Eshraq Investments ESHRAQ.AD slid 2.5% after announcing it would not reduce capital to cover accumulated losses.\n\nIn Dubai, the index .TASI was flat. Mashreq Bank MASB.DU plunged 9.9%, but Emaar Properties EMAR.DU rose 1.2%.\n\nThe Dubai government will increase spending by 17%, to a record 66.4 billion dirhams ($18.08 billion) in 2020, to stimulate the economy and support the Expo 2020 world fair, Reuters reported on Sunday, citing state news agency WAM.\n\nQatar's main index .QSI rebounded 0.3%, helped by a 1.1% increase in Commercial Bank COMB.QA and a 1.3% rise in Qatar Insurance QINS.QA.\n\n($1 = 3.6727 UAE dirham)\n\n(Reporting by Ateeq Shariff in Bengaluru, editing by Larry King)\n\n(([email protected]; +918067497129;))\n\nThe views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.", "keywords": [], "meta_keywords": [""], "tags": ["Explore", "Earnings", "IPOs", "Blockchain", "Cryptocurrencies", "Markets", "US Markets", "Technology", "World Markets", "Stocks", "Commodities", "Retirement", "Explore World Markets"], "authors": ["Ateeq Shariff"], "publish_date": "Mon Dec 30 00:00:00 2019", "summary": "", "article_html": "", "meta_description": "Most Gulf stock markets were sluggish in thin trading early on Monday, with financials hurting Saudi Arabia and telecoms company Etisalat falling in Abu Dhabi.", "meta_lang": "en", "meta_favicon": "/sites/acquia.prod/files/favicon.ico", "meta_data": {"title": "MIDEAST STOCKS-Most major Gulf markets subdued, Aramco retreats | Nasdaq", "twitter": {"card": "summary_large_image", "site": {"identifier": "@Nasdaq", "id": "nasdaq"}, "title": "MIDEAST STOCKS-Most major Gulf markets subdued, Aramco retreats", "url": "https://www.nasdaq.com/articles/mideast-stocks-most-major-gulf-markets-subdued-aramco-retreats-2019-12-30", "image": "https://www.nasdaq.com/sites/acquia.prod/files/2019-12-30T082622Z_1_IC3_RTRLXPP_2_LYNXPACKAGER.JPG"}, "og": {"type": "Article", "url": "https://www.nasdaq.com/articles/mideast-stocks-most-major-gulf-markets-subdued-aramco-retreats-2019-12-30", "title": "MIDEAST STOCKS-Most major Gulf markets subdued, Aramco retreats", "image": "https://www.nasdaq.com/sites/acquia.prod/files/2019-12-30T082622Z_1_IC3_RTRLXPP_2_LYNXPACKAGER.JPG"}, "description": "Most Gulf stock markets were sluggish in thin trading early on Monday, with financials hurting Saudi Arabia and telecoms company Etisalat falling in Abu Dhabi.", "com.nasdaq.cms.taxonomy.topic": "markets:world-markets", "com.nasdaq.cms.taxonomy.adDisplay": "True", "com.nasdaq.cms.taxonomy.sponsored": "False", "com.nasdaq.cms.taxonomy.pageType": "article-page", "Generator": "Drupal 8 (https://www.drupal.org)", "MobileOptimized": "width", "HandheldFriendly": "true", "viewport": "width=device-width, initial-scale=1.0", "msapplication-TileColor": "#da532c", "theme-color": "#ffffff", "google-site-verification": "A4ZdzztVttv1nCpL1SePVC3K2K"}, "canonical_link": "https://www.nasdaq.com/articles/mideast-stocks-most-major-gulf-markets-subdued-aramco-retreats-2019-12-30"} |
