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Saudi extends rally on energy-led gains; Qatar slips - Reuters

Saudi extends rally on energy-led gains; Qatar slips - Reuters

Saudi extends rally on energy-led gains; Qatar slips Reuters

March 8, 2026 at 07:40 AM Original source
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Saudi extends rally on energy-led gains; Qatar slips - Reuters
Reutersvia rss

<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxNbVFaSHNlMjR4U3AxQmwxT0E3QnNmRmx1V3M4U2gwaFZ3ZUQwWTFJN1NoMEhhOVcyeW9McmdUV2dDOFFNUWV5enhnanhTa3RrSVNOTE9PUl9yOUtjNVVlUVdSN3YzUHoxUkIwS2RQcGxGRHZJTW9Nb3JiNm5YdFRCT3JDVHZLMEhmUzdrbFNNZ2VKanYycEE1cnd1VFVfNTFJeU1BT05sdkRMd3p4UVJTWTBR?oc=5" target="_blank">Saudi extends rally on energy-led gains; Qatar slips</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

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Saudi Arabia's benchmark index climbed above 11,000, driven by energy and materials stocks, despite regional geopolitical tensions.

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The Saudi index continued its upward trend, marking a fifth consecutive session of gains, led by energy and materials sectors.

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The Saudi index rose for the fifth consecutive session after Iran agreed to pause attacks in the Gulf, boosting investor confidence.

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GCC equities reached a two-year high, driven by Saudi reforms and synchronized central bank rate cuts.

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Gulf stock markets rose as a ceasefire between Israel and Iran appeared to hold, boosting investor sentiment.

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