Most major Gulf markets were range-bound on Thursday as the impasse in negotiations to raise the U.S. debt ceiling and avoid a default kept investors wary of risky assets.
Major Gulf markets opened mixed on Monday, mirroring gains in oil prices as investors pin their hopes on modest interest rate hikes amid governments' efforts to soothe fears over the global banking system.
Qatar's stock market closed higher on Sunday, outperforming other bourses in the Gulf region, as expectations of a pause in rate hikes by the U.S. Federal Reserve lifted investor sentiment.