Since OPEC and its allies decided to extend the production cuts by 500,000 barrels a day to boost oil prices, the Saudi stock market rose strongly on Sunday, led by bank shares. On Friday, Saudi Arabia led the OPEC+ Group, which in a decade is seeking to avert over-supply and increase prices, will commit to certain of the deepest cuts to production.
The Saudi exchange has increased by 2.4 percent to 8.099 heavy volume points, and the....
Tags : Emirates Telecommunications, OPEC, OPEC+ Group, Saudi Stock Exchange Tadawul, Arabtec Holding, FTSE and S&P Emergent Markets,
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