Gulf Stocks Experience a Joint Increase, with the Exception of Oman

Gulf Stock Markets Mixed: Oman Falls, UAE and Saudi Arabia Rise

On Wednesday, stocks in the Gulf Cooperation Council countries saw mostly positive movements. The exception was Oman, where the Muscat Stock Exchange index fell by 0.44%. In the UAE, both the Abu Dhabi and Dubai market indexes rose with gains of 1.63% and 0.89% respectively. Saudi Arabia’s main stock index, TASI, also saw an increase of 0.83%, with significant trades worth 8.1 billion riyals.

Kuwait’s general index rose by 0.47%, with trading volume reaching 304.6 million shares. Bahrain’s general index also saw a slight rise of 0.16%, with trades amounting to 1.41 million shares. Qatar’s Stock Exchange index increased by 0.05%, with a trading volume of approximately 686 million riyals.

In contrast, outside the Gulf region, Egypt’s main stock exchange index, EGX30, experienced a decline of 1.67% to 25,988 points.

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