Gulf stock markets closed lower on Thursday, continuing a downward trend that began earlier in the week as investors digested renewed hostilities between the United States and Iran.
Saudi Arabia's benchmark index declined 0.4%, marking another day of losses for the region's equity markets.
4%. US equity markets also opened lower on Wednesday, with major indexes sliding as traders reacted to reports of an exchange of fire between the two nations.
The sell-off follows a sharp drop on Wednesday, when Dubai's primary share index fell 1.5% and Saudi Arabia's benchmark dropped 0.4%.
US equity markets also opened lower on Wednesday, with major indexes sliding as traders reacted to reports of an exchange of fire between the two nations.
The sustained pressure highlights the sensitivity of regional assets to geopolitical instability, particularly when it threatens to disrupt energy flows or trade routes.
Investors are closely monitoring the situation for signs of de-escalation or further military action.