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 fell 0.6%, with Al Rajhi Bank 
1120 and the country’s biggest lender, Saudi National Bank 
1180, each losing 1.6%.
Oil giant Saudi Aramco 
2222 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 
GNRI retreated by 0.7%, with Commercial Bank 
CBQK down 7.1% as it traded ex-dividend.
Outside the Gulf, Egypt’s blue-chip index 
EGX30 gained 0.8%, with most of its constituents in positive territory, including a 3.7% gain for Commercial International Bank 
COMI.
