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Gulf Stock Markets Diverge Gains in Saudi, Kuwait Losses in Qatar and Dubai
The article focused on the performance of Arab financial markets on Wednesday, highlighting varied results among Gulf and Arab countries. The Saudi and Kuwaiti markets posted gains, with the Saudi stock index rising by 14.11 points to reach 10,925.69 points, and the Kuwait Stock Exchange index increasing by 0.54% at closing to 8,821.28 points. Conversely, markets in Qatar, Bahrain, Muscat, and Dubai experienced declines, with Qatar’s index falling by 75.25 points, or 0.76%, closing at 9,772.85 points, and Dubai’s index decreasing by 0.28%. The Egyptian market also saw collective declines, with the "EGX 30" index dropping by 1.38% to 54,512.65 points, and the "EGX 70" decreasing by 3.25%. Meanwhile, the Jordanian stock exchange closed with a slight increase of 0.31%.
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