Qatar’s main stock index fell 2% on Sunday to its lowest close since April 2020, while Saudi Arabia’s benchmark rose 0.8% on gains in Saudi Aramco.
Gulf markets ended mixed as geopolitical tensions weighed on trading, Reuters reported.
The Qatar Stock Exchange index lost 176.60 points to close at 8,633.57, the Qatar News Agency said.
Six companies rose and 43 fell, while five closed unchanged. A total of 174.26 million shares worth QR320.61 million changed hands in 30,400 transactions.
Market capitalization fell to QR526.41 billion from QR535.63 billion in the previous session. Industries Qatar declined 4.3% and Qatar Islamic Bank shed 2.6%.
In Riyadh, the main index of the Saudi Exchange gained 83.23 points to close at 10,189.77, the Saudi Press Agency said. Trading value reached SAR2.3 billion, with 158 million shares traded.
Saudi Aramco rose 2.1%. Brent crude futures settled $3.94, or 3.7%, higher at $109.86 a barrel on Friday, their highest level since May 19.
The parallel Nomu market index rose 343.70 points to 22,186.46, with trading worth SAR15 million.
In Muscat, the MSX 30 index fell 21.9 points, or 0.29%, to 7,656.14, according to the Oman News Agency.
Bahrain’s index dropped 0.5% to 1,899, and Kuwait’s index fell 0.2% to 8,871.
