Persian Gulf Markets End a higher Iran strike

Markets in the Middle East ended mostly above Sunday after the US entered the war Between Israel and Iran and impressed three key Iranian nuclear places, Ford, Natants and Isfahan.

On Sunday, the shares in Tel Aviv reached the maximum all the time on the stakes that are conflict with Tehran, will help him end, despite the insistence of the Iranian Foreign Minister that the country cannot return to diplomacy “during the attack”.

On Sunday, the wider TA-125 traded by 1.77% higher, while TA-35, Blue-Chip Tel Aviv index increased by 1.5%. Last week, the shares rose to Israel after the country reached the goal in Iran.

In the Gulf of Persian, Saudi Arabia Tadovul opened on Sunday, when on Sunday the bidding is almost semi -percent higher before you remove the previous profit and close 0.3%. Qatar scored 0.2%and added 0.3%. Bahrain, who lives in the US Central Command, made a “home mandate” on Sunday, calling citizens “to use only the main roads if necessary to maintain public safety.”

The Egx30 Egyptian effect became the main income in the region, closing 2.7% higher on Sunday.

“The Gulf Persian was departed and called for peace, supporting the peace resolution, and went to condemnation of Israeli aggression,” said CNBC Fadi Arbid, a founder and CIO Amwal Capital Partners. He explained that such a rhetoric “helped the filling from the conflict” and any significant short -term market influence, adding that the pure average perspective is positive.

“The market can be evaluated by the removal of a large overhang that is an Iranian threat,” said Aberd, which “at least an international investor will be positive” if Iran’s issue is deleted.

Saudi Arabia, UAE and Qatar have published statements, UAE urged to stop the escalation immediately to “avoid serious consequences” in the regionWhile Saudi Arabia expressed concern and said Qatar As a result of the conflict between Israel and Iran, this is a “depleted deterioration”.

Investors will watch the swing in oil If it opens later this evening, and whether Iran intends to block the Hormus Strait, the decisive waterway through which a quarter of world oil passes.

Tracker -trackersThe website, which monitors global oil sending, states that as of 15:40 in the UAE on Sunday, “the tanker traffic is still moving in both directions in the Hormus Strait”, citing AIS data.

“Oil prices are likely to open above, which further increases the geopolitical prize for the risk,” Giovanni Staunova, UBS commodity analyst, CNBC said on Sunday, adding that oil will retain a “risks award, and prices will remain in the near time because” it is unclear. “

Friday prices fell 2%before US president Donald Trump He moved to enter the war between Israel and Iran. Brent futures jumped 11% after Israel’s attack on Iran less than two weeks ago, and Brent and US expected to rise on Monday after Washington’s strike at Iran’s nuclear facilities.

“Oil markets are likely to bring attacks in the US as a significant escalation of war and cost with increased food risk.” Edward Bell, acting the chief economist in Emirates NDB, said CNBC. He added that the markets remain connected, not the basics and said that “big swings” were waiting in the coming days.

“There is no break so that the flow of oil coming out of the bay and the oil infrastructure did not get into the direct attack, the markets will still be the price in the increased geopolitical prize,” Bell said.