Gulf Markets Slip as Renewed Middle East Hostilities Test Investor Confidence
Regional equities weakened as shipping risk, oil volatility and renewed US-Iran confrontation pushed investors back into defensive positions.
Regional equities weakened as shipping risk, oil volatility and renewed US-Iran confrontation pushed investors back into defensive positions.
Regional equities have moved between gains and caution as investors attempt to price diplomatic progress, energy flows and the risk of renewed escalation.
Saudi and Qatari shares advanced as investors reduced regional risk, while lower oil prices weighed on the energy sector.
The index reached 10,544 points in early trading as the regional de-escalation framework improved risk appetite.