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Gulf Markets Rise On Hopes Of Fed Rate Cut

Investors monitor screens displaying stock information at the Abu Dhabi Securities Exchange

Gulf stock markets ended higher on Monday as hopes for a potential interest rate cut by the U.S. Federal Reserve boosted investor sentiment.

In Saudi Arabia, the main index rose by X%, supported by gains in the banking and petrochemical sectors. The Saudi market has been closely watching for any signals from the Fed regarding its monetary policy stance.

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