Gulf markets achieve collective gains throughout last week

Daily News Egypt
1 Min Read
Abu Dhabi, UNITED ARAB EMIRATES: Emirati and Arab men discuss the stock rates at the Abu Dhabi Stock Market 14 March 2006. Share markets in the oil-rich Gulf states, including the Saudi bourse -- the largest in the Arab world -- dived further today.The Saudi Tadawul All-Shares Index (TASI) dropped for the fourth day running, shedding 4.82 percent to end below the 15,000-point psychological barrier for the first time this year at 14,887.74 points. AFP PHOTO/STR (Photo credit should read STR/AFP/Getty Images)

Green covered the Gulf stock markets over the past week, in spite of significant international incidents, mainly the world eyeing the British referendum that resulted in Britain deciding to leave the European Union.

Abu Dhabi Securities Exchange came on the forefront of winners last week, registering an increase of 4.11% and closing at 4,472 points, with a total traded value of AED 811.875m.

Dubai Financial Market increased by 1.81%, registering 3,367.6 points, with a weekly traded value amounting to AED 1bn.

Qatar Stock Exchange increased by 1.78%, closing at 9,966.35 points, after registering a traded value of QR 460.566m.

Kuwait Stock Exchange reached 5402.3 points, registering an increase of 0.24%, and total traded value of KWD 69.3m.

The Saudi Stock Exchange increased by 0.13%, closing at 6,551 points with total traded value of SAR 15.443bn.

On the other hand, Muscat Securities Market declined to 5,788.7 points, a retreat of 0.19% and total traded value of OMR 11.136m.

Share This Article
Leave a comment