Gulf Stocks End Mixed as Investors Assess Regional Risks

Dow Jones03:08

1508 ET - Major Gulf stock markets end mixed, with Saudi Arabia's Tadawul All Share Index falling 0.3% and Abu Dhabi's benchmark declining 0.6%. Dubai's index rises 0.4%, while Qatar's QE Index gains 0.5%. The divergence suggests investors are becoming more selective, assessing individual markets and sectors rather than taking a uniform regional view, says Milad Azar, market analyst at XTB MENA. Recovering oil exports offer some reassurance, but uncertainty over shipping routes and regional security continues to weigh on risk appetite, he says. Prolonged disruptions could affect corporate margins, tourism, real estate and foreign investment, while earnings and geopolitical developments will be key to market direction in the coming weeks, Azar says.

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