Stock markets in the Gulf fell sharply in line with global bourses in morning trade on Wednesday as investors faced up to a shock win by Donald Trump in the US presidential election.
Global stock markets spiralled downwards Wednesday with Europe following Asia lower as investors fretted over growing fears of a Donald Trump presidency.
Oil prices slumped on Monday after producers failed to agree on a plan to curb global supply at a meeting in Qatar, while world stock markets edged higher.
Oil futures fell in Asian trade as oversupply, a strengthening dollar and falls in regional stock markets all weighed on sentiment. But another fall in US oil output in January helped to limit the losses.
