Mideast Stocks: Saudi bourse falls on oil; Qatar gains

November 10, 2024--Saudi Arabia's benchmark index fell 0.2% in a choppy trade
Saudi Arabia's stock market ended slightly lower on Sunday after a fall in oil prices at the end of last week, while banking shares helped lift Qatar's benchmark index.

Saudi Arabia's benchmark index <.TASI> fell 0.2% in a choppy trade, hit by a 4.6% fall in ACWA Power Company <2082.SE> and a 3.3% decline in Saudi Arabian Mining Co <1211.SE>.

Oil prices-a catalyst for the Gulf's financial markets- settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane in the U.S. Gulf of Mexico, while China's latest economic stimulus packages failed to impress some oil traders.

Indxx Licenses Bitcoin Reference Index to Migdal Mutual Funds Ltd. for an ETF

December 31, 2024-Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce the licensing of the Indxx Bitcoin Reference Index to Migdal Mutual Funds Ltd. as the underlying benchmark for the MTF (4D) Indxx Bitcoin Reference Index Fund (5139886) which began trading today on the Tel Aviv Exchange.