Performance of Gulf stocks varies; Saudi index drops 0.28%

The performance of stocks in the Gulf Cooperation Council countries was a mixed bag on Monday. In Abu Dhabi, the market index rose by 0.103% to reach 9022.32 points, with trades totaling 945.78 million dirhams. On the other hand, the Dubai market index fell by 0.29% to 4,000.25 points. In Saudi Arabia, the TASI index dropped by 0.28% to 11,697.04 points, with trades amounting to 8.6 billion riyals and 292 million shares traded.

Over in Kuwait, the general market index on the Kuwait Stock Exchange also experienced a decline of 0.21% to 6,994.10 points. The volume of shares traded was 138.6 million shares, with a value of 34.9 million dinars through 12,530 cash transactions. In Bahrain, the Bahrain General Index fell by 0.1% to 2,037.88 points, with 791,504 shares traded worth 240,665 dinars.

Meanwhile, the Qatar Stock Exchange index saw an increase of 0.57% to 9772.2 points, with 121.278 million shares traded amounting to 394.004 million riyals through 14,884 transactions in all sectors. In Oman, the Muscat Stock Exchange “30” index fell by 0.75% to 4622.23 points, with a trading value of 2,680 million riyals.

Outside of the Gulf region, the main index of the Egyptian Stock Exchange, EGX 30, decreased by 0.59% to 26,902.4 points.