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Saudi shares fall after second airport attack as Gulf trade stays cautious
Saudi stocks retreated on Monday after a fresh attack weighed on sentiment, while several Gulf markets also ended lower as investors held back from big bets amid uncertainty over the US-Iran conflict. Saudi Arabia said on Monday it was facing a fresh barrage of incoming fire, with Riyadh airport to remain closed for now, days after Yemen’s Iran-allied Houthis claimed a deadly missile strike on a departure terminal on Saturday. Saudi Arabia’s benchmark index dropped 0.7%, with Saudi National Bank - the country’s biggest lender by assets - losing 1.2%. However, oil major Saudi Aramco gained 0.2%...
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