Saudi shares closed lower, with the main market slipping to around the 10,400 level as regional security headlines kept buyers on the sidelines. Houthi drone and missile attacks, i
Saudi shares closed lower, with the main market slipping to around the 10,400 level as regional security headlines kept buyers on the sidelines. Houthi drone and missile attacks, including one targeting a power station in Madinah, plus intercepted projectiles, kept geopolitical risk in focus even as Gulf oil exports through Hormuz recovered to prior levels. Vision 2030 progress at 93% of targets and deepening foreign media presence in Riyadh offer supportive threads, though the projected GDP decline for 2026 tempers the broader mood.
Sources
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