MIDEAST STOCKS Major Gulf bourses in the red, Abu Dhabi index below record peak ...Egypt

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MIDEAST STOCKS Major Gulf bourses in the red, Abu Dhabi index below record peak
Sept 12 (Reuters) – Major stock markets in the Gulf fell in early trade on Sunday in response to Friday’s slide on Wall Street, with the Abu Dhabi index easing from the previous session’s record highs. US main stock indexes finished lower on Friday after data showing persistent US inflation dampened optimism about an easing in US-China tensions after a call between President Joe Biden and China’s Xi Jinping. read more Saudi Arabia’s benchmark index (.TASI) dropped 0.3%, on track to extend losses from the previous session, pressured by a 0.3% fall in Al Rajhi Bank (1120.SE). Aljazira Takaful (8012.SE) advanced 2.4%, after Capital Market Authority approved a capital increase request of the ins

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