This negative performance marks a halt to a positive six-week recovery streak for the Omani market, which had previously endured a prolonged period of decline. While the losses this week were relatively contained, Pavel cautioned that the escalating regional geopolitical tensions could perpetuate fear and exert continued pressure on the market in the upcoming week. He further pointed out that oil prices saw a significant surge, especially following military operations in Iran. Although higher oil prices generally benefit the economies in the region, Pavel emphasized that geopolitical risks are likely to continue to suppress stock market performance.
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