Gulf stocks rise on firmer oil, earnings; Mideast tensions in focus

Core Viewpoint - Most Gulf stock markets experienced an increase in early trading, driven by stronger oil prices and positive corporate earnings, while investors are evaluating the potential market impact of escalating tensions in the Middle East [1] Group 1: Market Performance - Gulf stock markets rose in early trade, indicating a positive market sentiment [1] - The rise in stock markets is attributed to firmer oil prices, which typically influence the performance of Gulf economies [1] - Upbeat corporate earnings reports contributed to the positive market trend, suggesting strong financial performance among companies in the region [1] Group 2: Investor Sentiment - Investors are assessing the potential fallout from escalating tensions in the Middle East, indicating a cautious approach despite the positive market performance [1]