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Gulf stocks end week mixed

Gulf stocks end week mixed

The Gulf and Arab stock markets concluded their trading sessions today with mixed performance, as some markets posted modest gains while others declined. The Saudi market experienced a decrease of 8.45 points, closing at 11,007.27 points, with a trading volume of 4.1 billion riyals. In Qatar, the stock index fell by 0.27% to 9,824.49 points, while the Dubai Financial Market declined by 0.4% to reach 5,904 points. Conversely, the Kuwait Stock Exchange saw a slight increase, rising approximately 0.16% to 8,942.74 points, and Muscat’s index edged up by 0.29%, closing at 7,647.69 points. Other markets, such as Bahrain, exhibited limited activity, while Egypt and Jordan showed varied performances, with declines in their main indices. Today’s session was characterized by notable differences in trading volumes and values across markets, amid cautious sentiment and no clear overall trend in the region.

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