Saudi extends rally on energy-led gains; Qatar slips - Reuters
Saudi extends rally on energy-led gains; Qatar slips Reuters
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<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxNbVFaSHNlMjR4U3AxQmwxT0E3QnNmRmx1V3M4U2gwaFZ3ZUQwWTFJN1NoMEhhOVcyeW9McmdUV2dDOFFNUWV5enhnanhTa3RrSVNOTE9PUl9yOUtjNVVlUVdSN3YzUHoxUkIwS2RQcGxGRHZJTW9Nb3JiNm5YdFRCT3JDVHZLMEhmUzdrbFNNZ2VKanYycEE1cnd1VFVfNTFJeU1BT05sdkRMd3p4UVJTWTBR?oc=5" target="_blank">Saudi extends rally on energy-led gains; Qatar slips</a> <font color="#6f6f6f">Reuters</font>
Saudi Arabia's benchmark index climbed above 11,000, driven by energy and materials stocks, despite regional geopolitical tensions.
The Saudi index continued its upward trend, marking a fifth consecutive session of gains, led by energy and materials sectors.
The Saudi index rose for the fifth consecutive session after Iran agreed to pause attacks in the Gulf, boosting investor confidence.
GCC equities reached a two-year high, driven by Saudi reforms and synchronized central bank rate cuts.
Gulf stock markets rose as a ceasefire between Israel and Iran appeared to hold, boosting investor sentiment.
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