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High oil prices lead most Gulf markets to rise

High oil prices lead most Gulf markets to rise

Oil prices increased, which is a major catalyst for financial markets in Gulfby 0.5 percent, with Brent trading at $73.63 a barrel by 08:40 GMT.

Yesterday, Tuesday, I used… Ukraine American-made Atakum missiles hit Russian territory for the first time, according to what it announced Moscow.

The Russian president underestimated Vladimir Putin Among the criteria under which a possible nuclear strike could be launched.

Stock movements

Index rose Dubai Financial Market For the second session in a row, it increased by 0.7 percent today, Wednesday, driven by gains in the financial, real estate, and manufacturing sectors.

A stock went up Emirates NBD BankThe largest bank in the emirate, 1.5 percent, and the shares of the Dubai Financial Market, the company that runs the stock exchange, 3.8 percent, recording 1.38 dirhams per share, which is the highest level in more than six months.

The Saudi index continued its gains for the fourth session and rose 0.2 percent, with most sectors in the bullish zone.

The index stabilized Abu Dhabi Financial Market.

The Qatari index recorded a slight increase, with the gains achieved by telecommunications companies and banks outweighing the losses recorded by most of the remaining sectors.

Ureed shares rose 1.3 percent, while Industries Qatar shares fell 0.4 percent.



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