Most Gulf stock markets were subdued on Sunday as escalating geopolitical concerns and worries over U.S. tariffs and their potential impact on the global economy led investors to exercise caution and retreat from riskier investments.
Saudi Arabia's benchmark index (.TASI), opens new tab fell 0.6%, with Al Rajhi Bank (1120.SE), opens new tab and the country's biggest lender, Saudi National Bank (1180.SE), opens new tab, each losing 1.6%.
Oil giant Saudi Aramco (2222.SE), opens new tab rose 0.4%.
Aramco has agreed to buy fuel distributor Primax, which has operations in Peru, Colombia and Ecuador, Peruvian newspaper Gestion reported late on Thursday, citing sources familiar with the deal.
In Qatar, the index (.QSI), opens new tab retreated by 0.7%, with Commercial Bank (COMB.QA), opens new tab down 7.1% as it traded ex-dividend.
Outside the Gulf, Egypt's blue-chip index (.EGX30), opens new tab gained 0.8%, with most of its constituents in positive territory, including a 3.7% gain for Commercial International Bank (COMI.CA), opens new tab.
