Categories: Economy

Mixed Performance in Gulf Stock Markets: UAE and Dubai Show Gains While Saudi and Kuwait Experience Declines

On Wednesday, the stock markets in the Gulf Cooperation Council (GCC) region showed mixed performance. While some indices experienced gains, others saw declines.

In the UAE, the Abu Dhabi Securities Exchange saw a 0.066% increase to reach 9,093.83 points, with trades totaling Dh1.33 billion. Meanwhile, the Dubai Financial Market Index also rose by 0.393% to 4,079.21 points, with trades amounting to Dh426.71 million.

However, the main Saudi stock index “Tadawul” experienced a 0.09% decrease, settling at 11,595.20 points. Trading in Saudi Arabia was valued at 4.9 billion riyals, with a total volume of 225 million shares traded. In Kuwait, the general market index rose by 0.22% to reach 6,952.61 points

Samantha Johnson

As a content writer for newseaside.com, I craft engaging narratives and informative articles on a diverse range of topics. With a keen eye for detail and a passion for storytelling, I strive to create content that resonates with our readers and keeps them informed. From breaking news stories to in-depth features, I aim to deliver accurate, compelling, and thought-provoking content that captivates our audience. In my free time, you can find me exploring new writing techniques, sipping on a cup of coffee, or enjoying a good book by the seaside.

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