Saudi Arabia’s stock market opened lower on Sunday following Houthi claims of missile and drone attacks on Riyadh.

The benchmark Saudi index dropped 0.5%.

Saudi Aramco shares declined 0.6%.

Yemen's Houthi group claimed to have launched missile and drone attacks on sensitive targets in the capital.

Subdued sentiment spread to other Gulf markets following the news.

The reaction highlights the sensitivity of Aramco’s valuation to regional geopolitical risks and oil market stability.