Stock performance in the Gulf Cooperation Council countries varied on Wednesday. In Abu Dhabi, the market index fell by 0.35% to 8,710.96 points, with trades totaling 1.11 billion dirhams. Similarly, the Dubai market index also experienced a decline of 0.67% to 3959.8 points, with trades amounting to 723.24 million dirhams.
In Saudi Arabia, the main market index on the Saudi Stock Exchange, “TASI,” rose by 0.31% to 11,696.51 points. The highest increases were seen in Al-Ahli, Medgulf Insurance, Anaam Holding, Chemical, and Care. Kuwait saw its general index rise by 0.13% to 7,067.37 points, with the highest increases observed in Cleaning, Arkan, Al-Eid Foods, Gulf Investment House, and National Industries.
The Bahrain General Index rose by 0.7% to 2,035.81 points, with notable increases in ABM Terminals Bahrain, National Bank of Bahrain, GFH Financial Group, Al Salam Bank, and Bahrain Cinema Company. In Qatar, the stock exchange index fell by 1.04% to 9,279 points, with noticeable increases in Gulf Warehousing, Qatar Fuel, Dlala Brokerage and Investment Holding, Al Meera Consumer Goods, and Qatar Navigation.
The Muscat Stock Exchange index in the Sultanate of Oman settled at 4,802,705 points, with Bank Dhofar, Bank Nizwa, Abraj Energy Services, Al Madina Takaful, and Al Jazeera Steel Products showing the highest increases. Outside the Gulf region, the Egyptian Stock Exchange index “EGX 30” fell by 0.39% to 27,089.68 points.