🚨 #GULF MARKETS ALERT: Saudi & Qatar Stocks Slide as Geopolitical Risk Returns ⚠️
Gulf stocks are opening weaker today as geopolitical tensions rise.
🇸🇦 Saudi TASI: down 0.5%; Saudi Aramco fell 0.6% and Saudi National Bank 0.5%.
🇶🇦 Qatar: index down 0.9%, with Industries Qatar falling 3.7%.
🇦🇪 Abu Dhabi: had gained 1.1% on Friday, while Dubai fell 0.5%.
🛢️ Oil: Brent was around $103.18/barrel on Friday, after falling 1.6%.
🇴🇲 Oman: MSX 30 ended the week 0.58% lower, with geopolitical concerns weighing on sentiment.
Main market driver: investors are watching developments around Saudi Arabia, Yemen/Houthis, Iran and the Strait of Hormuz, making Gulf equities particularly sensitive to new headlines.
Gulf stocks are opening weaker today as geopolitical tensions rise.
🇸🇦 Saudi TASI: down 0.5%; Saudi Aramco fell 0.6% and Saudi National Bank 0.5%.
🇶🇦 Qatar: index down 0.9%, with Industries Qatar falling 3.7%.
🇦🇪 Abu Dhabi: had gained 1.1% on Friday, while Dubai fell 0.5%.
🛢️ Oil: Brent was around $103.18/barrel on Friday, after falling 1.6%.
🇴🇲 Oman: MSX 30 ended the week 0.58% lower, with geopolitical concerns weighing on sentiment.
Main market driver: investors are watching developments around Saudi Arabia, Yemen/Houthis, Iran and the Strait of Hormuz, making Gulf equities particularly sensitive to new headlines.