Kuwait-Mubasher: The diplomatic conflict in the region has negatively affected the stock markets, said technical analyst Nawaf Al-Oun.
The military status quo in the South of Saudi Arabia against the militants of Yemen is about to complete the first year, added the analyst.
Al-Oun noted that the Syrian crisis and its consequences are also dragging the stock markets down.
The low oil prices as well as the Chinese economic decrease which was not expected before another two years influenced the bourses badly, noted Al-Oun.
Al-Oun expected that the financial statements of the fiscal year 2015 to be profitable, especially for the banks sector.
