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MIDEAST STOCKS-Blue-chip stocks buoy Dubai, Saudi extends gains

Jun 01, 2020 - Nasdaq

June 1 (Reuters) - Dubai's stock market rose on Monday, as blue-chip stocks advanced, while Saudi Arabia extended gains from the previous session after an easing of the kingdom's coronavirus lockdown. In Dubai, the index .DFMGI gained 0.9%, with its largest lender Emirates NBD ENBD.DU rising 1.6% and budget airliner Air Arabia AIRA.DU firming 3.9%. Last week, Dubai lifted restrictions on movement and allowed business activity to restart. The UAE, which had suspended entry of non-Emirati resid...