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Muscat – GCC stock markets dropped for the third straight month as the Israel-Hamas conflict continued, resulting in investors reducing their exposure to the region. Trading reports for the region showed that foreign investors were net sellers in GCC markets in October, indicating concerns about geopolitical tensions spreading to the larger region.
The decline in October was widespread in the GCC, with all markets in the red during the month, according to a report published by Kuwait-based Kamco Investment on Wednesday.
According to the…