The Gulf Cooperation Council (GCC) countries recorded mostly positive performance in their stock markets last week, with only Qatar experiencing a slight decline. In Saudi Arabia, the market index increased by 0.8%, reaching 12,352 points. Kuwait also saw a slight increase of 0.16%, closing at 7,033.48 points. Bahrain ended the week with a 0.58% increase in the Bahrain General Index, closing at 2,028.59 points.
On the other hand, Qatar was the only country to see a decline in its stock index, dropping by 0.28% and closing at 9,610.80 points. In Oman, the Muscat Stock Exchange index rose by 1.27%, closing at 4773.30 points. Overall, most countries in the GCC region recorded positive gains in their stock markets, with only Qatar experiencing a slight decline.
In Saudi Arabia, the market index increased by an impressive amount of 0.8%, reaching a new high of 12,352 points last week.
Bahrain experienced positive growth in its stock market as well with an increase of 0.58% last week and closed at an impressive level of 2,028.59 points.
Kuwait also saw positive growth as its market index increased by a small percentage of just over 1% and closed at around
