The performance of stocks in the Gulf Cooperation Council countries was mixed on Wednesday, with oil prices fluctuating due to tensions in the region.
In the UAE, the Dubai market index fell 0.3%, while the Abu Dhabi market index rose 1.3%, supported by a 3.5% jump in the International Holding Company’s stock.
The main index of the Saudi market, “TASI”, fell by 1.6%, affected by the decline in the shares of Elm Company by 3.85% and the decline in the shares of the giant oil company Saudi Aramco by 0.3%.
In Kuwait, the general stock index rose 0.56% to 6,950.70 points. 209.3 million shares were traded, carried out through 12,035 cash transactions, worth 50.8 million dinars.
In Bahrain, the Bahrain General Index rose 0.34% to 1,963.51 points, through the trading of 1.44 million shares, worth 1.13 million dinars.
In Qatar, the Qatar Stock Exchange index fell 3.02% to 10,385.56 points. During the session, 198 million shares were traded, with a value of 595.174 million riyals, as a result of implementing 19,691 transactions in all sectors.
The Muscat Stock Exchange index fell 0.21% to 4,579.54 points. The trading value reached 2.43 million riyals.
Outside the Gulf region, the Egyptian leading stock index, EGX 30, fell by 0.3%.
2024-01-03 16:30:49
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