UAE Stocks Rise Most in Mideast, Track Global Peers: Inside EM
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Benchmark indexes in the United Arab Emirates climbed the most in the Middle East, tracking global stock rallies on optimism surrounding the rollout of coronavirus vaccines.
Indexes in Oman and Israel also rose, while the main gauges in Egypt and Qatar were unchanged. The Tadawul All Share Index in Riyadh dropped the most in the region, with 20 out of its 21 sectors declining. Markets in Kuwait and Bahrain were closed for a public holiday.