Gulf stock markets closed mixed on Thursday, influenced by investor assessments of U.S. monetary policy and inflation data. Saudi Arabia's benchmark index fell by 1.2%, impacted by declines in the banking and petrochemical sectors. In contrast, Abu Dhabi's index rose by 1.5%, driven by gains in International Holding and the energy sector.
Dubai's main index decreased slightly by 0.1%, with real estate stocks showing mixed performance. Qatar's index increased by 0.3%, led by Industries Qatar and the banking sector. These movements reflect the region's sensitivity to global economic indicators and the ongoing efforts to diversify economies beyond oil dependency.
