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Economy

Economy

Oil rises as Saudi Arabia extends supply cut

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A woman walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, ... A woman walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. REUTERS/Christopher Pike
A woman walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, ... A woman walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. REUTERS/Christopher Pike

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Oil rises as Saudi Arabia extends supply cut. Dubai outperformed the area in early trade on Monday, but Abu Dhabi lagged. After a four-session vacation, Dubai’s main share index (.DFMGI) rose 1.3%, led by a 3% rise in Emaar Properties (EMAR.DU) and a 1.7% rise in Emirates NBD Bank (ENBD.DU).

Dr. Sulaiman Al-Habib Medical Services (4013. SE) boosted Saudi Arabia’s benchmark index (.TASI) by 0.8%.

Dubai outperformed the area in early trade on Monday, but Abu Dhabi lagged.

After a four-session vacation, Dubai’s main share index (.DFMGI) rose 1.3%, led by a 3% rise in Emaar Properties (EMAR.DU) and a 1.7% rise in Emirates NBD Bank (ENBD.DU).

Dr. Sulaiman Al-Habib Medical Services (4013. SE) boosted Saudi Arabia’s benchmark index (.TASI) by 0.8%.

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GDP p.c.

Real Gross Domestic Product per Capita

60,422.000.57%

U.S. 10 Yr

10-Year Treasury Constant Maturity Rate

3.532.49%

S&P 500

Standard and Poor's 500

3,991.050.38%

DJIA

Dow Jones Industrial Average

32,800.350%

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