Sept 5 (Reuters) – Most major stock markets in the Gulf were subdued on Sunday, pressured by Friday’s fall in oil prices after a weaker than expected U.S. jobs report indicated a patchy economic recovery from the COVID-19 pandemic.
Brent crude futures settled fell by 42 cents, or 0.6%, to $72.61 a barrel.
Meanwhile, Abu Dhabi removed the need to quarantine for all vaccinated travellers arriving from international destinations from Sunday. read more
Saudi Arabia’s benchmark index (.TASI), however, traded flat in a choppy trade.
The kingdom’s non-oil private sector continued to grow in August but lost momentum with a sharp drop in output…