Gulf Stock Markets Close Lower as Rate Worries Linger
Saudi Tadawul index fell 0.7%, while Dubai and Abu Dhabi indexes each lost 0.3% on fears of more US rate hikes, Market Talk reports.
- published
- in the api
- on the website
on the website stories appear 15 minutes after publication, in the api at once. connect the api →
what happened
Stock markets across the Persian Gulf closed lower on Monday. Saudi Arabia's Tadawul All Share Index dropped 0.7%, while Dubai's and Abu Dhabi's benchmark indexes each slipped about 0.3%. Investors are weighing the chance of further US interest-rate increases after inflation data came in hotter than expected.
Emirates NBD Research says pricier borrowing could hit Saudi Arabia harder, since its inflation remains below 2% and credit growth has slowed. In the UAE, higher inflation and a pickup in lending could soften the effect of tighter monetary policy, the bank says.
why it matters
For regional markets, the path of US interest rates remains the key driver. The contrast between Saudi Arabia and the UAE suggests that the response to tighter policy will differ depending on inflation and credit trends.
market impact
Gulf equities: higher rates raise borrowing costs, with more pressure on Saudi Arabia than the UAE
tags
instruments
sources
- Gulf Stocks End Lower as Interest-Rate Concerns Persist — Market Talk, 19 October 2026 at 13:44 UTC
- Gulf Stocks End Lower as Interest-Rate Concerns Persist — Market Talk, 19 October 2026 at 13:44 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
on the website stories appear 15 minutes after publication, in the api at once.
get stories in real time ↗