The Gulf Cooperation Council countries saw mixed stock performance on Tuesday, with some markets rising and others falling. In the UAE, the Abu Dhabi market index rose slightly, while the Dubai market index fell. In Saudi Arabia, the TASI index rose, recording gains for the second consecutive session. ACWA Power and Middle East Pharmaceutical Manufacturing saw gains, while Ma’aden fell.
Kuwait’s general index of the stock exchange also saw a small increase in trading volume. Bahrain’s general index also experienced a small increase in trading volume. Qatar’s index fell as certain stocks experienced declines. The Muscat Stock Exchange index rose slightly as well.
Outside the Gulf region, Egypt’s leading stock index fell significantly to its lowest level in four months, with most listed stocks incurring losses. Talaat Mostafa and Commercial International Bank were among the companies that saw declines in stock prices.
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