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Gulf markets open the Arab trading day with cautious momentum

Equity markets across the Gulf opened Wednesday’s trading session in an orderly and largely cautious manner, as the region’s main exchanges began the Arab trading day amid mixed global signals and ongoing focus on energy prices, monetary policy expectations, and regional liquidity conditions. Early trading reflected a measured tone, with investors prioritising capital discipline over aggressive positioning.

Early Gulf open sets the regional tone
At 07:00 CET, the Arab trading day began with the opening of the Saudi Exchange (Tadawul), alongside the Abu Dhabi Securities Exchange and the Dubai Financial Market. Together, these exchanges form the liquidity backbone of the Gulf region and often set the initial sentiment for wider Middle Eastern markets.

Early price action was contained, with limited volatility and selective movement across heavyweight stocks. Investors appeared to be digesting global market developments while maintaining a close watch on oil price stability, which remains a central driver of fiscal and corporate outlooks across the Gulf.

Saudi and UAE markets lead liquidity
In Saudi Arabia, early trading on Tadawul showed balanced flows across financials, energy-related stocks, and consumer sectors. While no broad rally emerged at the open, the market displayed resilience, supported by strong domestic participation and long-term reform-driven confidence.

In the United Arab Emirates, both Abu Dhabi and Dubai opened with mixed sector performance. Defensive stocks attracted modest interest, while real estate and banking names traded within narrow ranges. The early tone suggested investors were positioning conservatively ahead of potential regional and global catalysts later in the week.

Second wave of Gulf openings expands participation
At 08:00 CET, regional participation widened as the Qatar Stock Exchange, Kuwait Stock Exchange, and Muscat Stock Exchange opened for trading. These markets added depth to Gulf activity, though early volumes remained moderate.

Qatari equities opened steadily, supported by strong state-linked balance sheets and energy-sector fundamentals. In Kuwait, early trade showed selective interest in banking and investment companies, while Muscat opened with limited movement as investors assessed regional cues and currency stability.

Global context shapes early sentiment
The restrained opening across Gulf markets came against a backdrop of mixed global equity performance and continued uncertainty around the timing of interest rate adjustments in major economies. While regional markets benefit from strong fiscal buffers and relatively stable currencies, international risk sentiment continues to influence short-term positioning.

Energy markets also remained in focus. Oil prices held within recent ranges, providing a degree of stability but not enough to trigger a broad risk-on move at the open.

Outlook for the session
As the trading day progresses, investors are expected to monitor regional news flow, corporate disclosures, and movements in global markets. The early hours of Wednesday’s session suggest consolidation rather than directional conviction, with Gulf markets maintaining a disciplined and orderly start to the Arab trading day.

Newshub Editorial in Asia – 7 January 2026

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