Gulf markets mixed following Iran’s attack on Israel

Gulf markets were mixed on Monday following Iran’s attack on Israel, raising concerns about a broader regional conflict, as reported by Reuters.

Saudi Arabia’s benchmark index edged up by 0.2 per cent, with gains in ACWA Power and Saudi Basic Industries, by 0.8 per cent and 0.9 per cent, respectively.

Qatar’s index gained 0.8 per cent, led by Qatar Gas Transport that hiked 2.6 per cent.

Saudi Arabian and Qatari markets fell 0.3 per cen and 0.8 per cent, respectively, after resuming post-Eid al-Fitr trading.

Dubai’s main index dropped 0.4 per cent, with declines in toll operator Salik and budget airliner Air Arabia.