Gulf stock exchanges.. Abu Dhabi market achieves the highest level in its history.. and the decline in the shares of Saudi Arabia and Qatar

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performance contrast Gulf Stock ExchangesDuring the last week’s sessions, the general index of the market declined Saudi stocks, by 3.53%, losing 411 points, to close at the level of 11,299.45 points, and the general index of the Dubai Financial Market, by 2.9%, losing 90 points, to close at the level of 3170 points, and the market capital lost 29.4 billion dirhams to close at 402.67 billion dirhams.

The Kuwait Stock Exchange indices also declined, and the general index of the Qatar Stock Exchange, by 1.33%, losing 158.77 points, to close at the level of 11,790.98 points, while the general index of the Abu Dhabi Stock Exchange rose by 1.24%, winning 104 points, to close at the level of 8,453 points – for the first time in its history The general index of the Muscat market rose by 1.34%, gaining 54.35 points, to close at 4118.22 points.

Saudi Stock Exchange

The general index of the Saudi stock market fell, during the sessions of the last week, by 3.53%, losing 411 points, to close at the level of 11,299.45 points. The trading volume on the Saudi Stock Exchange reached 842.9 million shares, worth 30.6 billion riyals through the implementation of 1.6 million deals, and the market capital lost 343 billion riyals. To close at 9.955 trillion Saudi riyals.

18 sectors in the Saudi Stock Exchange fell, led by banks by 4.29%, followed by the basic materials sector by 3.47%, followed by the energy sector by 3.35%, then the communications sector by 1.42%, while 3 sectors, led by media and entertainment, rose by 1.94%.

Topped the rising shares on the Saudi Stock Exchange, “Enaya” by 12.2%, then “Amanah Insurance” by 8.64%, then “Gulf National Union” share by 6.94%, and the declining shares topped the list, led by “Food Development” by 22.81%, then share “Taiba” by 17.05%, then “Gibsco” share by 10.29%, while “Al-Rajhi” share topped the list of the most active by value, amounting to 2.8 billion Saudi riyals.

Kuwait Stock Exchange

The Kuwait Stock Exchange also declined, during the trading week that ended, as the general market index fell by 2.13%, losing 155.2 points, to close at the level of 7,128.21 points, and the first market index decreased by 2.07%, losing 162.89 points, to close at the level of 7719.97 points, and the main market index decreased by 2.32 % losing 142.34 points to close at 5893.82 points, and the main index 50 declined by 2.62%, losing 165.91 points to close at 6,162.70 points.

The trading volume during the week’s trading reached about 1.5 billion shares, with a value of 276.9 million Kuwaiti dinars, through executing 61.2 thousand transactions.

Dubai market

The general index of the Dubai Financial Market fell, during the trading week that ended, by 2.9%, losing 90 points, to close at 3170 points, and the market capital lost 29.4 billion dirhams to close at 402.67 billion dirhams.

The Dubai Stock Exchange, the banking sector, decreased by 3.54%, with the pressure of the GFH Financial Group falling by 10.48%, Emirates NBD by 7.39%, and Dubai Islamic Bank by 3.43%.

Qatar Stock Exchange

The general index of the Qatar Stock Exchange fell, during the trading week that ended, by 1.33%, losing 158.77 points, to close at the level of 11790.98 points. The trading volume amounted to 497.14 million shares, worth 1.5 billion riyals, through the implementation of 36.35 thousand deals, 40 shares declined, and 7 shares rose.

Six sectors on the Qatar Stock Exchange decreased, led by the industry by 2.14%, followed by the real estate sector by 1.26%, followed by the banking and financial services sector by 1.22%, then the consumer goods and services sector by 1.1%, then the communications sector by 1.03%, and finally the transportation sector by 0.08% The insurance sector alone increased by 0.16%.

Abu Dhabi Stock Exchange

While the general index of the Abu Dhabi Stock Exchange, during the trading week that ended, increased by 1.24%, gaining 104 points, to close at the level of 8453 points – for the first time in its history – and the market capitalization gained 31 billion dirhams, to close at 1.530 trillion dirhams.

On the Abu Dhabi Stock Exchange, the telecommunications sector jumped with a growth rate of 8%, driven by the rise of the Emirates Telecommunications Group share by 8.21%, and Sudatel Telecom Group Ltd. by 4.29%.

Muscat Stock Exchange

The general index of the Muscat market also rose, during the sessions of the ending week, by 1.34%, gaining 54.35 points, to close at 4118.22 points, and the trading volume reached 84.91 million shares, with a value of 13.9 million riyals, and the profit of the market capitalization was 56.81 million riyals to reach the level of 22.133 billion riyals.

The advancing shares were led by “Al-Nahda Services” by 6.67%, followed by “Vision Insurance” by 5.68%, followed by “Omani Finance” by 5.08%, while the decliners were led by “SMN Power Energy” by 16.36%, followed by ” A’Saffa Foods” by 9.69%, followed by “Majan Glass” share by 9.5%.





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