Most Gulf stock markets opened lower as rising tensions between Saudi Arabia and the Houthis weighed on investor sentiment, although, signs of easing friction between Iran and the United States helped limit downside pressure, according to Reuters.
Saudi Arabia’s benchmark index .TASI eased 0.2 per cent, with Al Rajhi Bank losing 0.7pc and the country’s biggest lender by assets, Saudi National Bank, down 0.6pc.
