Mideast Markets Mixed With All Eyes on OPEC+ Meeting: Inside EM
- Benchmarks in Kuwait, Qatar climb while U.A.E. falls
- Saudi Aramco rises to IPO price, but turns negative near close
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Middle Eastern equity markets traded in mixed directions after OPEC+ delayed a meeting aimed at ending the oil price war.
The main benchmark in Riyadh rose as much as 2% before finishing little changed. Gauges in Kuwait, Oman and Qatar advanced as much as 0.3%, while Dubai’s benchmark lost the most, ending 2.4% lower on pressure among big local lenders.