Gulf bourses end mixed with US data in focus
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2025
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Source: Reuters
Gulf Stock Markets Performance: Gulf stock markets ended mixed as investors reacted to U.S. tariff plans and awaited key economic data, with Saudi Arabia's index closing flat, Dubai gaining slightly, and Abu Dhabi's index remaining unchanged despite a significant drop in Agthia's shares.
U.S. Economic Data Impact: Rising oil prices and U.S. inflation concerns influenced market movements, while Egypt's blue-chip index rose, and President Sisi's potential visit to the White House was jeopardized by Trump's controversial Gaza plan, sparking outrage in the Arab world.
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.
