Gulf markets are affected by American interest fluctuations and oil prices

The majority of the main stock markets in the Gulf fell at the end of the week’s trading, despite the increasing expectations for the US Federal Reserve’s reduction in interest rates, while investors are awaiting the issuance of US non -agricultural job data on Friday.

A number of federal officials explained that the fears of the labor market are still strengthening their conviction that the reduction of interest is imminent, while the governor Christopher Wald pointed to the need to reduce interest in the next meeting of the central bank this month, according to Reuters. 0.3 percent to close at 10656 led by Al -Rajhi Bank’s share, which rose by 2 percent at 94.85 riyals. While Emaar Real Estate shares rose 1.8 percent to lead the Dubai Stock Exchange index to a 0.3 percent increase. The Qatar Stock Exchange index concluded the transactions, low 0.4 percent at the lowest level of closure since July 21. The share of “Abu Dhabi Commercial Bank” fell 0.9 percent, to lead the Emirate Stock Exchange index to close at a decrease of 0.2 percent. Oil prices fell on Thursday by about 1 percent, continuing its losses that exceeded 2 percent in the previous session, while investors are waiting for an upcoming meeting For OPEC Plus to take a decision on the weekend production. (The Middle East)