09-05-2016 07:40 via news.yahoo.com

MIDEAST STOCKS-Company earnings may support some Gulf markets

Stock markets in the Gulf may gain support on Monday from some positive quarterly earnings, but Saudi Arabia's bourse may slip as local retail investors book recent gains. Meanwhile, United Arab Emirates budget carrier Air Arabia may find buying interest after reporting a 42.2 percent rise in first-quarter net profit. Kuwait's Agility, one of the largest Gulf logistics companies, may reported a 10.9 percent rise in first-quarter net profit.
Read more »