EZB8RISK / Market Briefing

Saudi shares stay subdued as Gulf bourses edge lower amid mixed US-Iran signals, with recovering oil flows easing some supply worries but leaving traders cautious. On the domestic

Saudi shares stay subdued as Gulf bourses edge lower amid mixed US-Iran signals, with recovering oil flows easing some supply worries but leaving traders cautious. On the domestic side, the Crown Prince reported Vision 2030 programs have hit 93% of their targets, and Aramco raised LPG prices for October, both supportive threads for sentiment. The budget outlook tempers the mood, with officials projecting a GDP decline for 2026 alongside large planned spending, so the market sits between improving reform progress and a softer fiscal-growth picture.

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