Mixed Performance in Global Stock Markets: Gulf and Beyond

Variations in Gulf stocks performance as Saudi index continues to decline

On Wednesday, Gulf stocks showed mixed performance. In the UAE, the Abu Dhabi Securities Exchange index decreased by 0.4% to 8,965.81 points, while the Dubai Securities Exchange index increased by 0.18% to 4,006.07 points. The main market index of the Saudi Stock Exchange (TASI) fell by 0.63% to 11,656.35 points with trading valued at 5.4 billion riyals. The volume of shares traded amounted to 280 million shares shared in more than 470 thousand transactions.

On the other hand, outside of the Gulf region, the Egyptian Stock Exchange index “EGX 30” also saw a positive performance, rising by 0.87% to 27,500.56 points. The main market index on the Kuwait Stock Exchange fell by 0.73% to 6,927

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