7 Hrs
Source:
الوئام
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Gulf Markets Decline Amid Limited Gains
Arab stock exchanges experienced mixed performance on Wednesday, with most Gulf markets declining while some smaller markets posted modest gains. In Saudi Arabia, the main stock index closed at 10,779.96 points, down by 1.66 points, with a trading value of 3.4 billion riyals. In Kuwait, Muscat, and Qatar, the indices showed varied results: the Kuwait First and General indices fell by 0.13% and 0.04%, respectively, while the Kuwait "Prime 50" index rose by approximately 0.53%. The Muscat Stock Exchange index dropped sharply by 0.849%, whereas Qatar’s index closed down by 1.39%. On the other hand, the Dubai Financial Market index increased by 0.7%, reaching 5,967 points, and Bahrain's index edged up slightly by 0.02%. In Egypt, performances varied across indicators: the EGX 30 declined by 0.16%, while the EGX 70 and EGX 100 increased by 0.15% and 0.27%, respectively. Meanwhile, Jordan experienced a rise of 0.13%.
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