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Saudi Stocks Close 0.3% Lower as Aramco Reverses Early Loss
Saudi Arabia’s TASI pared its early decline and closed 0.3% lower after the previous day’s Houthi attack attempts, while Saudi Aramco reversed an intraday loss to finish 1.3% higher. Qatar’s main index closed 1.1% lower and Industries Qatar lost 4.1% as every Gulf bourse ended down, Reuters reported. The closing figures replace earlier intraday readings and confirm a regional RiskRisk is the possibility that the actual outcome of a trade, investment, or financial decision differs from the expected outcome and causes a loss or other unwanted result. Risk...Read More-off session, but Saudi authorities said the attacks were thwarted and no damage to Yanbu OilOil refers to a globally traded energy commodity whose price is shaped by supply, demand, inventories, geopolitics, and economic activity. The term belongs in Level 7 because it...Read More infrastructure or export disruption was verified.
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