Gulf bourses fall as clashes between Houthis and Saudi-led coalition unsettle investors
Most Gulf bourses slipped in early trade on Sunday as fighting in Yemen intensified. Saudi Arabia's benchmark index dropped 1.1%, Reuters reports.
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what happened
Most Gulf stock markets opened lower on Sunday as investors grew uneasy over escalating fighting between Yemen's Iran-backed Houthis and the Saudi-led coalition, according to Reuters.
Saudi Arabia's benchmark index fell 1.1%, with oil giant Saudi Aramco down 1.2%. In Qatar, the index eased 0.3%, while Qatar National Bank, the region's largest lender, lost 1.1%.
why it matters
Regional markets tend to respond quickly to military developments near major oil producers, and conflict headlines feed directly into share prices. Because Aramco carries significant weight in the Saudi index, the market's move is closely tied to expectations for oil and regional stability.
market impact
Gulf equities, Saudi Aramco and QNB: regional military tensions weigh on share prices
instruments
sources
- Gulf bourses slip as Houthi-Saudi clashes rattle investors — Reuters, 25 October 2026 at 07:37 UTC
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