Gulf bourses experienced a downturn on Sunday as fresh US tariffs dampened investor confidence across the region, leading to widespread sell-offs in line with last week’s global market slump.Saudi Arabia’s benchmark Tadawul All Share Index experienced a significant drop of 6.78 percent during today’s trading session, losing 805.46 points to 11,077.19. This marks its steepest single-day decline in months. The total trading volume for the index reached SR8.43 billion ($2.24 billion), with only one stock advancing and 252 retreating.The MSCI Tadawul Index also declined, falling by 98.60 points, or 6.56 percent to settle at 1,405.55.The Qatar Stock Exchange (QSE) closed its trading session on Sunday, down by 432.94 points, or 4.23 percent, to stand at 9,800.01 points. Kuwait’s Premier Market Index dropped 5.69 percent. Other regional markets were similarly affected, with Muscat’s MSX 30 Index falling by 2.62 percent and the Bahrain All Share Index down by 1 percent. Investors are closely monitoring the impact of escalating trade tensions and the recent decline in oil prices. (Agencies) page 8 (ICE Doha)

Fonte notizia: QATAR TRIBUNE