Qatar Surges, Bucking Gulf Market Slide on Iran War Concerns
4 Articles
4 Articles
The likely defeat of the US President on electoral Tuesday could lead him to reopen scenarios of war against Iran. Plus a halved Israeli Prime Minister, Benjamin Netanyahu, but still in office. Tehran, for days, threatens retaliation without geographical restrictions
Most of the Gulf exchanges declined amid fears of renewed confrontation between Washington and Tehran after the American elections, while the Qatar-Territory Exchange broke the trend, and its index jumped 4.6%, recording the greatest daily gain in more than eight years.
Most of the Gulf exchanges retreated on Sunday, with investors continuing to be cautious about renewed escalation between the United States and Iran after the scheduled mid-term American renewal elections next Tuesday.
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