Gulf equities retreated today, reacting to sliding oil prices and softer-than-expected U.S. employment figures. Saudi Arabia’s benchmark index fell by 0.6%, marking its ninth decline in ten sessions, with heavyweights like Aramco and Al Rajhi Bank dragging the market down. In contrast, Qatar bucked the trend, gaining 0.3%—led by strength in Qatar Islamic Bank. The backdrop includes growing oil supply following OPEC+’s decision to raise production in October. 

Source: reuters.com