Major stock markets in the Gulf were subdued in early trade on Wednesday, as signs of a slowing U.S. labour market made investors nervous about the economic outlook.
Major stock markets in the Gulf rose in early trade on Monday, tracking oil prices higher following a surprise announcement by OPEC+ to cut more production.
Most major Gulf markets extended gains on Wednesday, mirroring a rise in global peers after sentiment was lifted by receding fears of a global banking crisis and rising oil prices.