Gulf stock markets see overall decrease except for Dubai and Abu Dhabi

Most stocks in the GCC countries experienced a decline, with the exception of the Dubai and Abu Dhabi markets. In the UAE, the Abu Dhabi Securities Exchange index rose by 0.31% to 9,087.83 points with trading of 938.28 million dirhams, while the Dubai Securities Exchange index rose by 0.15% to 4,063.25 points with trading of 418.90 million dirhams.

The main market index of the Saudi Stock Exchange (Tadawul) fell by 0.45% to 11,606.09 points, with trading of 315.31 million shares worth 6.3 billion riyals. The general market index of the Kuwait Stock Exchange fell by 0.08% to 6937.13 points, with the volume of traded shares reaching 120.19 million shares through 11239 cash transactions worth 32.4 million dinars.

The Bahrain All Share Index fell by 0.07% to 2015.74 points, with trading of 877046 dinars. The Qatar Stock Exchange index closed its trading at 10,006 points, down marginally by 0.45 points. During the session, 124.403 million shares were traded, worth 397.507 million riyals, as a result of executing 15,918 deals in all sectors.

The Muscat Stock Exchange 30 index fell by 0.25% to 4684.24 points, with the trading value amounting to 1.779 million riyals. Outside the Gulf region, the main market index of the Egyptian Stock Exchange (EGX 30) rose by 0.23% to 28,033.32 points.

In other news, various services and products were announced, including dental teeth whitening, RV sales, website design and multimedia content services, advanced gingivitis care, and more. Additionally, financial optimization services, maintenance programs, and educational software were also introduced.