Thursday, May 23, 2024

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



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.
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.
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.

See also  Opera One browser will soon launch with new artificial intelligence features

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

Share post:


More like this

Navigating the World of Cryptocurrencies: How to Choose the Best Crypto Wallet

In the digital age where cryptocurrencies are rapidly gaining...

Unlock the easiest way to get EU citizenship of Slovenia and Romania with Union Permits

Due to the nature of their immigration programs, Slovenia...

The Ultimate Guide to Men’s Facials in Dubai

In the bustling city of Dubai, where the sun...