Tensions escalated amid anticipation of an Israeli response to an Iranian missile attack, continued violence in the Gaza Strip, and the ongoing Israeli military campaign in Lebanon.
Price movements
The benchmark index fell Qatar By 0.2 percent, with Qatar Islamic Bank shares falling 0.4 percent.
But the Saudi benchmark index bucked the trend and rose 0.6 percent, supported by the performance of Al-Tayseer Aluminum Products Manufacturing Group shares, which rose 0.8 percent.
It kept a reading on inflation and consumer confidence US On Friday, expectations regarding the path of interest rate cuts were set aside US Federal Reserve Board Without change.
Markets agreed on expectations that the Council will cut interest rates by at least 25 basis points, with the possibility of another large cut of 50 basis points.
The Bahrain General Index fell to the level of 1,997.93, a decrease of 0.97 points from the previous closing rate.
Outside the Gulf region, the leading stock index declined in… Egypt 2.6 percent, with most of its shares remaining in negative territory, including Elsewedy Electric shares.
Egyptian Prime Minister Mostafa Madbouly said on Wednesday that the fourth review of the International Monetary Fund related to the eight billion dollar loan program provided to Egypt has been postponed until after the fund’s annual meetings.
