Gulf Stocks Advance as Investors Await Outcome of OPEC Gathering
- Saudi Arabia’s Tadawul gained for fourth straight session
- Oil producers meet Wednesday in a bid to agree output cut
HSBC’s King Says Getting an OPEC Deal is ‘Tricky’
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Most Gulf stocks rose as investors weighed the prospect of a deal among oil producers to cut supply, potentially shoring up prices of the region’s biggest export.
Saudi Arabia’s Tadawul All Share Index was among the biggest gainers, climbing a fourth day. Dubai’s DFM General Index, Kuwait’s SE Price Index and Abu Dhabi’s ADX General Index also advanced.