Most Gulf bourses rise, Qatar falls [Reuters]
Eastern Company (The) (EML)
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Source: Reuters
Most Gulf currencies are pegged to the dollar, and any monetary policy change in the United States is usually mimicked by Saudi Arabia, the United Arab Emirates and Qatar. Saudi Arabia's benchmark index (.TASI) , opens new tab closed 0.4% higher snapping three sessions of losses, with almost all sectors in positive territory. Saudi Arabian media giant MBC Group (4072.SE) , opens new tab jumped 10%, extending its rally to a fifth session. Among the gainers, SAL Saudi Logistics Services Co (4263.SE) , opens new tab climbed 8.3% and Lumi Rental (4262.SE) , opens new tab gained 3.3%. The Qatari index (.QSI) , opens new tab was down for fourth consecutive session and ended 0.3% lower, with Qatar Islamic Bank (QISB.QA) , opens new tab and Industries Qatar (IQCD.QA) , opens new tab each sliding 0.8% and Qatar Navigation (QNNC.QA) , opens new tab dropping 1.4%. Oil prices - a catalyst for the Gulf's financial markets - fell slightly on Friday, with Brent settling at $78.56 a barrel
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EML
Analyst Actions
- 3/21/24 - TheStreet
EML
Sec Filings
- 4/26/24 - Form 8-K
- 3/20/24 - Form 4
- 3/19/24 - Form 4
- EML's page on the SEC website