Saudi extends rally on energy-led gains; Qatar slips - Reuters
Saudi extends rally on energy-led gains; Qatar slips Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"Energy producers and oilfield services typically outperform on higher crude, while the pain concentrates in airlines, shipping, petrochemicals, and any sector with high fuel or logistics intensity."
— Tony Hallside , Executive
"At the sector level, energy and petrochemical companies are likely to remain relatively resilient due to stronger pricing."
— Vijay Valecha , Executive
"As Tua and I both know, I hold great respect for him as a person and a player."
— Jon-Eric Sullivan , Executive
Key People
General manager of the Miami Dolphins.
Mesaieed Petrochemical Holding is a leading petrochemical company in Qatar.
Ooredoo is a telecommunications company based in Qatar.
Saudi Aramco is the state-owned oil company of Saudi Arabia.
CEO of STP Partners.
Former quarterback for the Miami Dolphins.
Chief investment officer at Century Financial.
Locations
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxNbVFaSHNlMjR4U3AxQmwxT0E3QnNmRmx1V3M4U2gwaFZ3ZUQwWTFJN1NoMEhhOVcyeW9McmdUV2dDOFFNUWV5enhnanhTa3RrSVNOTE9PUl9yOUtjNVVlUVdSN3YzUHoxUkIwS2RQcGxGRHZJTW9Nb3JiNm5YdFRCT3JDVHZLMEhmUzdrbFNNZ2VKanYycEE1cnd1VFVfNTFJeU1BT05sdkRMd3p4UVJTWTBR?oc=5" target="_blank">Saudi extends rally on energy-led gains; Qatar slips</a> <font color="#6f6f6f">Reuters</font>
Saudi Arabia's benchmark index climbed above 11,000, driven by energy and materials stocks, despite regional geopolitical tensions.
The Saudi index continued its upward trend, marking a fifth consecutive session of gains, led by energy and materials sectors.
GCC equities reached a two-year high, driven by Saudi reforms and synchronized central bank rate cuts.
Gulf stock markets rose as a ceasefire between Israel and Iran appeared to hold, boosting investor sentiment.
The Saudi index rose for the fifth consecutive session after Iran agreed to pause attacks in the Gulf, boosting investor confidence.
Similar Stories
Related coverage based on topic and tags
Gulf markets rise as oil gains lift sentiment - Reuters
Gulf markets rise as oil gains lift sentiment Reuters
August 23, 2026 at 01:13 PMAsian stocks gain before Nvidia, oil slips on Hormuz hopes - Reuters
Asian stocks gain before Nvidia, oil slips on Hormuz hopes Reuters
August 26, 2026 at 02:17 AMAs war strands Qatari gas for 6 months, US sales rise and European stocks plummet - Reuters
As war strands Qatari gas for 6 months, US sales rise and European stocks plummet Reuters
August 26, 2026 at 05:03 AMIndian shares gain as oil slides on Strait of Hormuz reopening hopes - Reuters
Indian shares gain as oil slides on Strait of Hormuz reopening hopes Reuters
August 26, 2026 at 02:18 AMMorning Bid: Falling oil calms nervy markets - Reuters
Morning Bid: Falling oil calms nervy markets Reuters
August 26, 2026 at 10:33 AMOPEC+ loses oil market sway in Iran war as China gains influence - Reuters
OPEC+ loses oil market sway in Iran war as China gains influence Reuters
August 27, 2026 at 07:14 AM