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Gulf equities track Asia’s gains; Saudi Tadawul dips on weak earnings
Gulf markets followed Asia’s positive momentum but Saudi Tadawul slipped 0.
Major Gulf bourses ended mixed on Tuesday, mirroring Asian trends. Dubai and Abu Dhabi rose 0.5% and 0.7%, supported by energy stocks and project announcements in Qatar. However, Saudi Arabia’s Tadawul index fell 0.4% as Q3 corporate earnings came in below forecasts. Analysts expect volatility to persist until OPEC’s next output review later this month.