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10/9/24, 11:17 AM Major Gulf bourses edge higher, Arabian Mills jump on debut | Reuters
Major Gulf bourses edge higher, Arabian

Mills jump on debut

By Reuters

October 8, 202412:37 PM GMT+4Updated a day ago

An investor walks through the Dubai Financial Market in Dubai, United Arab Emirates November 8, 2020. REUTERS/Christopher Pike/File
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Oct 8 (Reuters) - Most stock markets in the Gulf edged higher in early trade on Tuesday, recovering some of
their recent losses triggered by worries the region could be on the brink of a broader Middle East war.

Fighting in the region intensified after Iran-backed Hezbollah fired rockets at Israel's third-largest city, Haifa,

and Israel looked poised to expand its offensive into Lebanon, a year after the Hamas attack that sparked
Israel's ongoing war in Gaza.

The downturn in Gulf markets began after Iran launched a missile barrage on Israel on Oct. 1. Israel has
sworn to retaliate and is weighing its options, with Iran's oil facilities considered a possible target.

https://www.reuters.com/world/middle-east/major-gulf-bourses-edge-higher-arabian-mills-jump-debut-2024-10-08/ 1/13