Most stock markets in the Gulf region closed lower on Tuesday due to weak oil prices. However, renewed expectations of a U.S. interest rate cut in December limited the losses. Traders closely monitored oil price movements and statements from Federal Reserve officials.
Gulf Stock Markets Fall Amid Oil Price Decline
Most stock markets in the Gulf region closed lower on Tuesday due to weak oil prices. However, renewed expectations of a U.S. interest rate cut in December limited the losses. Traders closely monitored oil price movements and statements from Federal Reserve officials.