Most Gulf Markets Gain on Trump's Presidential Win

Trump's proposed import tariffs might strengthen the U.S. dollar through reduced spending on foreign goods, benefiting Gulf Cooperation Countries' (GCC) currencies. A stronger dollar from Trump's protectionist policies would also increase foreign investment in the GCC region. In addition, according to Vijay Valecha, chief investment officer, Century Financial, Trump is more likely to resolve regional conflict faster as compared to his counterpart, which is expected to promote further stability in the region (Read more at Investing.com).