XM Amerika Qoʻshma Shtatlari fuqarolariga xizmat koʻrsatmaydi.

Most Gulf markets gain ahead of US election



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By Ateeq Shariff

Nov 5 (Reuters) -Most stock markets in the Gulf rose on Tuesday as markets waited for early indications of the outcome of a knife-edge U.S. election.

Election Day ends an acrimonious campaign jolted by assassination attempts on Republican candidate and former President Donald Trump and the withdrawal of Democratic President Joe Biden in favour of Vice President Kamala Harris, with polls showing the candidates virtually tied.

Dubai's main share index .TASI rose 0.2%, with Emirates Integrated Telecommunications DU.DU up 2% and budget airliner Air Arabia AIRA.DU gaining 1.1%.

In Abu Dhabi, the index .FTFADGI added 0.6%, led by a 6.7% gain for Alpha Dhabi Holding ALPHADHABI.AD.

ADNOC Drilling Company ADNOCDRILL.AD and Alpha Dhabi Holding announced on Monday that their joint venture Enersol had agreed to acquire a 95% equity stake in Deep Well Services (DWS) for about $223 million including performance-based payments.

Shares of ADNOC Drilling were up 2.3%.

The Qatari index .QSI finished 0.2% higher, with Qatar Gas Transport Nakilat QGTS.QA rising 1.5%.

Saudi Arabia's benchmark index .TASI edged 0.2% lower, hit by a 1.5% fall in ACWA Power Company 2082.SE.

Oil giant Saudi Aramco 2222.SE reversed early losses to close 0.2% higher, despite reporting a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining margins. It maintained its dividend at $31.1 billion for the quarter.

Outside the Gulf, Egypt's blue-chip index .EGX30 rose 0.5%.


SAUDI ARABIA

.TASI fell 0.2% to 12,015

ABU DHABI

.FTFADGI rose 0.6% to 9,384

DUBAI

.DFMGI added 0.2% to 4,595

QATAR

.QSI gained 0.2% to 10,569

EGYPT

.EGX30 up 0.5% to 30,794

BAHRAIN

.BAX closed flat at 2,019

OMAN

.MSX30 was up 0.1% to 4,722

KUWAIT

.BKP gained 0.2% to 7,667



Reporting by Ateeq Shariff in Bengaluru; Editing by Kirsten Donovan

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