Categories: Economy

Mixed Results for Gulf Stock Markets as Week Begins: UAE Closed, Saudi and Kuwait Tumble, Bahrain and Qatar Fluctuate

On Sunday, the performance of stocks in the Gulf Cooperation Council countries varied as the week began. While the UAE markets were closed, the main market index (TASI) on the Saudi Stock Exchange fell by 1.21% to 11,850.64 points. This was through the trading of 164.90 million shares worth 4.370 billion riyals. In Kuwait, the general market index also fell by 0.08% to 7,129.22 points, with the trading of 322.76 million shares worth 48.13 million dinars.

However, in Bahrain, the Bahrain General Index rose by 0.01% to 2,020.41 points, with the trading of 1.567 million shares worth 441,690 dinars. Meanwhile, in Qatar, the Qatar Stock Exchange index experienced a decline of 1.74% to 9,396 points, with a trading volume of approximately 352 million riyals and in Oman Muscat Stock Exchange index saw an increase of 0.06% to

Samantha Johnson

As a dedicated content writer at newseeped.com, I thrive on transforming ideas into captivating narratives that engage and inform our readers. With a passion for storytelling and a keen eye for detail, I craft articles that resonate with our audience and help amplify our platform's impact. My background in journalism and creative writing allows me to blend authenticity with flair, ensuring each piece I produce is not only informative but also compelling. I am honored to be part of a team that values quality content and am excited to continue contributing to our mission of delivering top-notch news coverage to our readers.

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