Home » Business » Stock Market Updates: Gulf Stocks Fall, Qatar Index Rises – October 15, 2023

Stock Market Updates: Gulf Stocks Fall, Qatar Index Rises – October 15, 2023

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October 15, 2023

19:00 pm

Dubai: “The Gulf”
On Sunday, most stocks in the Gulf Cooperation Council countries fell, while the Qatar Stock Exchange index rose by 0.06%. The main Saudi stock index fell 0.41% to 10,542.86 points, with trades worth 3.80 billion riyals. The volume of shares traded amounted to 153.21 million shares.
The Saudi parallel stock index (Nomu) declined 0.32% to the level of 22,060.28 points, with trades worth 12.79 million riyals.
Kuwait
The general index of the Kuwait Stock Exchange fell 0.81% to 6,568.98 points, as a result of the trading of 138.8 million shares through 8,217 cash transactions worth 28.5 million Kuwaiti dinars. The main market index fell 0.86% to close at 5433.66 points through the trading of 66 million shares carried out through 3270 cash transactions worth 6.5 million dinars.
The Premier Market Index also decreased by 0.80% to 7,180.93 points, through the trading of 72.8 million shares through 4,947 transactions worth 22 million dinars.
Bahrain, Qatar and Oman
The Qatar Stock Exchange index rose 0.06% to 10,126 points. The market trading volume reached approximately 370 million riyals. The Bahrain General Index fell 0.13% to the level of 1,943.22 points, with 1.85 million shares traded, with a value of 373,845 Bahraini dinars. The Bahrain Islamic Index also declined 0.41% to 724.93 points.
In the Sultanate of Oman, the Muscat Stock Exchange index fell 0.54% to 4760.23 points, and the value of trades reached 9.79 million Omani riyals through the trading of 18.75 million shares.
Egypt
Outside the Gulf region, the main index of the Egyptian Stock Exchange, EGX30, rose 1.61% to close at 20,324.96 points. The index had risen by 2.22% in mid-trading, amid expectations of an imminent devaluation of the pound, which led investors to hedge by purchasing stocks and gold.

2023-10-15 15:00:41
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