Via Barry Ritholtz:

"Following the 20% decline in Saudi stocks since mid Feb, culminating with sharp declines on the 1st two days of March, the Saudi market has bounced 14% over the past 4 days with a 2.4% rise today. The Saudi government officially outlawed any demonstrations and was likely looking at the planned March 11th scheduled event as the main reason following some tiny protests.

Qatar is up by more than 4%, the UAE by almost 3% and stocks in Kuwait and Jordan are stable".