3 Hrs
Source:
الاقتصادية
Source: الاقتصادية
3 Hrsالاقتصادية
Source: الاقتصادية
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Arab stock markets fell across the board at the start of trading on Sunday, as geopolitical tensions in the Middle East and expectations that global interest rates will remain high dampened investors’ appetite for risk. Egypt’s EGX 30 led the losses, falling 1.4%, followed by Qatar’s index, down 0.8%. Saudi Arabia’s and Kuwait’s indices each dropped 0.5%, while Muscat’s fell 0.2%. The risk of disruptions to energy supplies and trade, together with higher borrowing costs, is adding pressure on stocks. However, declines at the start of the session do not necessarily mean the sell-off will continue.
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