Markets
Gulf bourses slip as Houthi-Saudi clashes rattle investors
- Saudi Arabia’s benchmark index declined 1.1%
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Most Gulf bourses fell in early trade on Sunday, with investors unsettled by intensifying clashes between Yemen’s Houthis and the Saudi-led coalition.
Saudi Arabia’s benchmark index declined 1.1%, weighed down by a 1.2% fall for oil behemoth Saudi Aramco.
In Qatar, the index eased 0.3%, with Qatar National Bank— the Gulf’s biggest lender — losing 1.1%.
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