• The Qatari Stock Exchange lost 4.2% of its value, or $6.9 billion, while Oman’s market declined by about 2.5%, or $0.7 billion, and Bahrain’s by 2%, equivalent to $1.9 billion.
Gulf stock markets saw a sharp downturn on Sunday, shedding $172.2 billion in value— a decline of around 4.2 percent, according to Arabic daily Al Rai.
The Saudi Stock Exchange recorded losses of approximately 5.9 percent, amounting to $154.8 billion, while the Kuwait Stock Exchange fell by 5.1 percent, equivalent to $7.9 billion.
The Qatari Stock Exchange lost 4.2 percent of its value, or $6.9 billion, while Oman’s market declined by about 2.5 percent, or $0.7 billion, and Bahrain’s by 2 percent, equivalent to $1.9 billion. Meanwhile, the Dubai and Abu Dhabi markets remained closed.
