Gulf markets drop on weaker earnings; US inflation data in focus [Reuters]
Eastern Company (The) (EML)
US:NASDAQ Investor Relations:
easterncompany.com
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Source: Reuters
U.S. inflation data to gauge the Federal Reserve's policy path for the rest of this year. Saudi Arabia's benchmark stock index dropped 1.1% to 12,121, its lowest level in over there months, with all constituents posting losses, led by healthcare, IT and real estate stocks. Saudi National Bank , the kingdom's largest lender, fell 1.4% and Rabigh Refining and Petrochemical known as Petro Rabigh, declined 4.2%. Petro Rabigh, the hydrocarbon and petrochemicals producer, reported its quarterly loss widened to 1.37 billion riyals from 964 million riyals a year earlier. Among other fallers, Emaar Economic City dropped 5.2% after the developer's first-quarter loss widened. Dubai's benchmark index dropped 0.9% with most sectors in the red. The blue-chip developer Emaar Properties slid 2.2 and Air Arabia declined 5.2%. The low-cost flyer Air Arabia posted a 22% decline in its quarterly profit on Monday. The Qatari benchmark index was down after four consecutive sessions of gains a
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EML
News
- Zacks Initiates Coverage of Eastern With Neutral Recommendation [Yahoo! Finance]Yahoo! Finance
- Philip Morris International Announces the Acquisition of a Minority Stake in Egypt-Based Eastern Company [Yahoo! Finance]Yahoo! Finance
- The Eastern Company (NASDAQ:EML) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Major Gulf markets muted as Mideast conflict rages [Reuters]Reuters
- The Eastern Company Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
EML
Sec Filings
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- EML's page on the SEC website