Most Gulf shares close lower as Saudi-Houthi fighting rages on
Published . Updated .
This report is about Saudi Arabia.
Directly affected
- No company is named in this report.
Indirectly affected
- KSA iShares MSCI Saudi Arabia ETF-7.6% 30d
iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).
- EEM iShares MSCI Emerging Markets ETF-0.0% 30d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Saudi Arabia, which this story is about.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| KSA | +4.38% | +2.61% | base | +0.92% | +2.85% | +3.12% | +2.29% |
| EEM | +2.10% | +2.51% | base | -0.34% | +0.79% | +2.43% | +1.16% |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Most Gulf shares close lower as Saudi-Houthi fighting rages on Reuters
Source: Reuters
Red Sea
| Company | When | Move | Status |
|---|---|---|---|
| EEM | that day | -0.34% | final price |
| EEM | the next day | +0.79% | final price |
| EEM | two days later | +2.43% | final price |
| EEM | three days later | +1.16% | final price |
| EEM | three days earlier | +2.51% | final price |
| EEM | five days earlier | +2.10% | final price |
| KSA | that day | +0.92% | final price |
| KSA | the next day | +2.85% | final price |
| KSA | two days later | +3.12% | final price |
| KSA | three days later | +2.29% | final price |
| KSA | three days earlier | +2.61% | final price |
| KSA | five days earlier | +4.38% | final price |
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12 out of 100
“Most Gulf shares close lower as Saudi-Houthi fighting rages on” scores 12 out of 100. The score uses 1 sources.