Trading activity across major Gulf stock markets remained subdued on Thursday, with indices showing little movement as investors assessed the outcome of the latest diplomatic efforts between the United States and Iran.
The indirect talks in Doha concluded without any visible progress toward a lasting peace agreement, leaving regional markets in a holding pattern.
5%, reflecting a tentative shift in sentiment as regional equities attempted to stabilize.
The lack of a diplomatic breakthrough has stalled the modest momentum that had begun to build earlier in the week.
On Wednesday, Saudi Arabia’s benchmark index had climbed 0.5%, reflecting a tentative shift in sentiment as regional equities attempted to stabilize.
That optimism has since cooled, with traders adopting a wait-and-see approach amid the renewed uncertainty.
The pause in trading follows a volatile period for Gulf equities, which had previously reacted to shifting geopolitical narratives.