Arab markets react to Middle East peace
Most Arab stock markets rose significantly today, supported by market recovery fueled by optimism over reaching a regional peace agreement framework in the Middle East and the reopening of the Strait of Hormuz. Dubai Financial Market led the gains with an increase of 3.84%, while the Abu Dhabi Index rose by 2.72%, and Kuwait's index increased by 1.51%. Qatar's stock exchange was up by 0.89%. Conversely, the Saudi Stock Index declined slightly by 0.08%, while Egypt and Morocco saw gains of 0.60% and 3.32%, respectively. The Jerusalem Index experienced a slight decline.
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