Most Gulf bourses closed lower, with traders weighing the disruption in the Strait of Hormuz alongside Houthi attacks on Saudi Arabia, Reuters reports.
Saudi Arabia’s benchmark index dropped 0.7 per cent, with the country’s biggest lender by assets Saudi National Bank losing 2.3pc.
In Qatar, the index retreated 1.8pc, as all its constituents were in negative territory including the Gulf’s biggest lender Qatar National Bank, which was down 2.3pc.
