GCC markets drop, Saudi stocks see sharpest fall

06/04/2025 Argaam Special
A GCC market trading hall

A GCC market trading hall

Gulf stock indices saw a collective decline today, April 6, trailing similar drops in global and oil markets after China imposed retaliatory tariffs on the US.

 

Saudi Arabia’s benchmark TASI closed in the red after shedding more than 800 points (6.8%) to 11,077 points.

 

Qatar, Kuwait, Muscat, and Bahrain also posted declines.

 

Stock markets in the UAE are closed today for the weekend. The following table shows the GCC markets’ performance for today:

 

Gulf Markets’ Performance

Market

Level (Points)

Change (%)

Saudi Arabia

11,077

(6.8%)

Kuwait

8,106

(5.7%)

Qatar

9,800

(4.2%)

Muscat

4,253

(2.6%)

Bahrain

1,919

(1.1%)

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