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Combined decline in Gulf shares excluding Qatar… and Egyptian index rises 1.6%

Date:

Normal

October 15, 2023

19:00 hrs


Dubai: “The Gulf”
On Sunday, stocks in most Gulf Cooperation Council countries fell, while Qatar’s stock market index rose 0.06%. The main Saudi stock index fell 0.41% to 10,542.86 points, trading 3.80 billion riyals. The traded volume was 153.21 million shares.
The Saudi Equities Index ( NOMU ) fell 0.32% to 22,060.28 points, trading at 12.79 million riyals.
Kuwait
The general index of the Kuwait Stock Exchange fell 0.81% to 6,568.98 points as a result of 138.8 million shares traded through 8,217 transactions worth 28.5 million Kuwaiti dinars. The main market index fell 0.86% to close at 5433.66 points with 66 million shares traded in 3270 cash transactions worth 6.5 million dinars.
The Premier Market Index fell 0.80% to 7,180.93 points with 72.8 million shares traded in 4,947 transactions worth 22 million dinars.
Bahrain, Qatar and Oman
The Qatar Stock Exchange index rose 0.06% to 10,126 points. The market trading volume reached approximately 370 million Rials. The Bahrain general index fell 0.13% to 1,943.22 points, with 1.85 million shares traded, valued at 373,845 Bahraini dinars. The Bahrain Islamic Index was down 0.41% at 724.93 points.
In the Sultanate of Oman, the Muscat Stock Exchange index fell 0.54% to 4760.23 points, and trade volume reached 9.79 million Omani riyals with 18.75 million shares traded.
Egypt
Outside the Gulf, the Egyptian stock market’s main index, the EGX30, rose 1.61% to close at 20,324.96 points. The index was up 2.22% in mid-trade, amid expectations of an imminent devaluation of the pound that led investors to hedge by buying stocks and gold.

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Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

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