金色财经|Oct 25, 2026 10:31
[Escalating Conflict in Yemen Causes Decline in Saudi and Egyptian Stock Markets] Golden Finance reports that on Sunday, October 25th, both Saudi and Egyptian stock markets declined. This followed the Saudi-led coalition's statement that it had intercepted multiple drones and missiles over Riyadh and southern Saudi Arabia amid escalating conflict with the Houthi rebels in Yemen. Under pressure from a broad sell-off, the Saudi benchmark index (TASI) fell 2.6%, marking its worst intraday performance since April 2025, with heavyweight Saudi Aramco down 1.1%. Outside the Gulf region, Egypt's blue-chip index (EGX30) plunged 2.5%, nearing its lowest level in approximately seven months, with all constituent stocks declining. The Egyptian parliament is expected to vote on October 26th on whether to authorize the armed forces to provide support to Saudi Arabia in its conflict with the Houthi rebels in Yemen upon request.
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