On Wednesday, the stock markets in Gulf Cooperation Council countries saw a decline, except for Saudi Arabia. The UAE’s Abu Dhabi and Dubai market indexes fell, while the main market index on the Saudi Stock Exchange saw an increase. Meanwhile, Kuwait’s general market index dropped, with some stocks showing an increase while others experienced a decline. The Kuwait Stock Exchange suspended work due to a decision by the Council of Ministers.
The stock markets in Bahrain, Qatar, and Oman also experienced fluctuations in their indexes. While some stocks in these markets showed an increase in value, others declined. Outside of the Gulf region, Egypt’s Stock Exchange index saw a slight increase. Some stocks in Egypt grew while others declined.
Overall, the stock markets in the region and beyond displayed a mix of increases and decreases in value, reflecting ongoing fluctuations in the global economy.
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