Saudi Stocks Defy Gulf Turmoil to Rise as Local Buyers Step In
As the Iran war erupted, Gulf stock markets looked certain to tumble once trading resumed. But Saudi equities have defied those expectations to rise despite the conflict, helped by support...
By Andrey Biryukov · Bloomberg Markets
As the Iran war erupted, Gulf stock markets looked certain to tumble once trading resumed. But Saudi equities have defied those expectations to rise despite the conflict, helped by support from local investors.