Manzer Hussain

Jan 14, 2025 | zawya.com | Manzer Hussain

The Qatar stock index led most Gulf equities higher on Tuesday as hopes for a Gaza ceasefire rose after mediators reported a "breakthrough" in Doha talks. Negotiators were hoping to finalise details of a plan to end the war in Gaza, after U.S. President Joe Biden indicated a ceasefire and hostage release deal was imminent. The Qatari benchmark index <.QSI> snapped a three-session losing streak with a rise of 1.6%, its biggest daily gain in over two months with almost all its shares higher.

Jan 14, 2025 | gurutrade.com | Manzer Hussain |Shinjini Ganguli

Jan 14 (Reuters) - Most stock markets in the Gulf were up in early trading on Tuesday as the hopes for a Gaza ceasefire rose after the mediators reported a midnight 'breakthrough' in Doha talks. Negotiators will meet in Doha on Tuesday seeking to finalise details of a plan to end the war in Gaza that has upended the Middle East. The Qatari benchmark index snapped its three-session losing streak and jumped 1.2%, the highest in over two months with almost all stocks posting gains.

Nov 20, 2024 | zawya.com | Manzer Hussain

Most stock markets in the Gulf were muted in early trading on Thursday as investors turned cautious as geopolitical tensions intensified. Ukraine's air force said on Thursday that Russia had launched an intercontinental ballistic missile from Astrakhan region during a morning attack. Dubai's benchmark stock index .DFMGI slipped 1.1% - after it rose to its highest in more than 10 years in the last session - with almost all sectors in the red.

Nov 17, 2024 | zawya.com | Manzer Hussain

Most stock markets in the Gulf rose in the early trading on Monday, tracking higher oil prices after fighting between Russia and Ukraine escalated over the weekend. Oil prices, a catalyst for the Gulf's financial markets, edged up, with Brent LCOc1 trading 0.5% higher at $71.36 a barrel by 0810 GMT. Russia unleashed its largest air strike on Ukraine in almost three months on Sunday, causing severe damage to the country's power system.

Nov 17, 2024 | money.usnews.com | Manzer Hussain

By Md Manzer Hussain(Reuters) - Most Gulf stock markets fell on Sunday after U.S economic data and comments from Federal Reserve officials pointed to a slower pace of interest-rate cuts. Investors increased bets on the Fed leaving interest rates unchanged at its December meeting and dialled back expectations for easing in 2025. The Fed's decisions have a significant impact on monetary policy in the Gulf as most of the region's currencies are pegged to the U.S. dollar.