MIDEAST STOCKS-Saudi edges up on passive fund inflows, Abu Dhabi slips [Reuters]
Eastern Company (The) (EML)
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Source: Reuters
MIDEAST STOCKS-Saudi edges up on passive fund inflows, Abu Dhabi slips * Dubai's Emaar ends four-day losing streak * Abu Dhabi falls for a third day * Banks, Emirates Telecom weigh on Abu Dhabi * Telecom operators boost Qatar By Maqsood Alam Sept 9 (Reuters) - Saudi Arabia's stock exchange recoveredfrom earlier losses to close a touch higher on Monday amidexpectations of billions of dollars more in passive fundinflows, while Abu Dhabi fell for a third straight session. The Saudi index inched up 0.1% with Al Rajhi Bank rising 0.7% and Riyad Bank gaining 1.5%. The Saudi Stock Exchange expects additional passive funds'inflows worth $3 billion from the remaining phases of inclusionin the FTSE Russell emerging market index starting inSeptember. Three of an eventual five tranches of Saudi stocks have beenadded to the FTSE emerging-market index so far this year. Saudi gains in 2019 were as high as 20% in May,outperforming most regional markets ahead of the inclusi
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EML
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4/A
- 11/20/24 - Form 4
- EML's page on the SEC website