Gulf bourses diverged in Wednesday’s session … and the UAE markets...

Gulf bourses diverged in Wednesday’s session … and the UAE markets...
Gulf bourses diverged in Wednesday’s session … and the UAE markets...
The Gulf stock markets differed, at the end of the trading session on Wednesday, as the general index of the Saudi stock market “TASI” rose by 1.13%, winning 90.14 points to close at 8088.73 points, and the general index of the Financial Market rose by 0.64%, winning 13.81 points to close at 2153.48. The market capitalization gained 1.4 billion dirhams to close at 307.56 billion dirhams, and the general index of the Abu Dhabi Securities Exchange jumped by 0.87%, winning 40.36 points to close at 4689.791 points, and the market capital gained about 6.7 billion dirhams, to close at 693.990 billion dirhams, The UAE market won 8.1 billion dirhams, and the UAE market recorded a market value of more than one trillion riyals.


Saudi Stock Exchange

The general index of the Saudi stock market, “TASI”, rose by 1.13%, winning 90.14 points, to close at 8088.73 points, and the parallel market index rose by 0.48%, winning 89.48 points to close at 18620.32 points, and trading volume reached 319.8 One million shares worth 8.4 billion riyals.

20 sectors rose in the Saudi market, led by the applications and technology services sector by 4.24%, followed by the luxury goods sector by 3.07%, followed by the public utilities sector by 2.99%, the media and entertainment sector by 2.48%, then the capital goods sector by 2.17%, then The long-term commodities sector by 1.98%, then the investment and finance sector by 1.97%, then the health care sector by 1.89%, then the food retail sector by 1.88%, while the commercial and professional services sector declined by 1.17%.

179 shares jumped during today’s trading session, on top of which was “Arab Sea” by 10%, then “Red Sea” by 9.98%, then “Anaam Holding” by 9.96%, while 12 stocks fell, led by “Al Kathiri” by 3.37 %, Then the “Supply” share by 2.06%, then the “Qassim Cement” share by 1.33%, while the “Saudi Cables” share topped the most active list by value and amounted to 631.2 million Saudi riyals.

Dubai Stock Exchange

The general index of the Dubai Financial Market rose by 0.64%, winning 13.81 points, to close at 2153.48 points, and the trading volume reached 69.7 million shares, achieving a value of 80.9 million dirhams through the implementation of 1636 deals for 27 shares, and 5 sectors rose in the stock exchange Dubai, led by the banking sector by 1.19%, followed by the commodities sector by 0.79%, followed by the transport sector by 0.60%, then the investment and financial services sector by 0.60%, then the real estate sector by 0.05%, while the insurance sector declined by 0.29%.

Twelve stocks jumped on the Dubai Stock Exchange during today’s trading session, led by Shuaa Capital by 3.39%, then by Takaful House by 2.21%, while 8 shares fell, on top of which is Medina Finance and Investment Company by 3.78%, then Gulf Navigation Holding Company. By 3.09%, while Dubai Islamic Bank topped the list of the most traded trades by value, with a volume of 6.4 million papers valued at 25.7 million dirhams, and the share rose by 1.74%.

Abu Dhabi Stock Exchange

The general index of the Abu Dhabi Securities Market rose, at the end of the trading session on Wednesday, by 0.87%, a profit of 40.36 points to close at 4689.791 points, and the profit of the market capital of about 6.7 billion dirhams to close at the level of 693.990 billion dirhams, and the trading volume reached 89 million shares, valued at 407.2 One million dirhams, through the implementation of 3047 transactions.

Seven sectors rose on the Abu Dhabi Stock Exchange, led by the investment and financial services sector by 3.17%, followed by the consumer goods sector by 1.59%, followed by the banking sector by 1.09%, then the telecommunications sector by 0.59%, then the industry sector by 0.31%, then the services sector by 0.20%. , Then the energy sector by 0.05%, while the real estate sector fell by 1.18%, then the insurance sector by 0.01%.

Thirteen stocks rose on the Abu Dhabi Stock Exchange during today’s trading session, topped by Abu Dhabi Shipbuilding Company by 4.98%, then by Abu Dhabi Islamic Bank Construction by 4.1%, then by International Holding Company by 3.08%, while 11 stocks fell, led by Gulf Cement Company by 4.8%. Then the share of Abu Dhabi National Company for Building Materials by 3.97%, then the share of Ras Al Khaimah Cement Company by 3.61%, and the share of Aldar Properties topped the list of the most active shares by value, amounting to 95.7 million dirhams, and the share declined by 1.14%.

Bahrain Stock Exchange

The general index of the Bahrain Financial Market increased, at the end of the trading session on Wednesday, by 0.33%, gaining 4.76 points to close at 1441.12 points, and the trading volume reached 2.2 million shares with a value of 237 thousand Bahraini dinars. Ithmaar Holding Company by 7.35%, Ahli United Bank by 0.64%, National Bank of Bahrain by 0.32%, then the services sector with a growth rate of 4.84%, driven by the rise in the share of Bahrain Duty Free Market Company by 0.81%, Bahrain Telecommunications Company-Batelco by 0.38% , ABM Terminals Bahrain by 0.13%, then the investment sector, with a growth of 0.09%, driven by the rise of GFH Financial Group by 0.68%.

The hotel and tourism sector declined by 40.36%, under pressure of the Gulf Hotels Group falling by 2.63%, and the share of the Investment Import Company fell by 5.16%.


Kuwait Stock Exchange

The Kuwait Stock Exchange indices varied, at the end of the trading session on Wednesday, as the general market index fell by 0.05%, losing 2.71 points to close at 5465.88 points, and the first market index decreased by 0.13%, losing 7.9 points to close at 6034.36 points, while the main market index rose by 0.19%, gaining 8.1 points, to close at 4339.44 points, and the main index 50 increased by 0.27%, a profit of 11.74 points, to close at 4404.19 points.

The trading volume at the close of transactions reached about 196.6 million shares worth 52.2 million Kuwaiti dinars through the implementation of 9976 deals, and 7 sectors rose in the Kuwait Stock Exchange, led by the insurance sector by 1.29%, followed by the technology sector by 1.27%, followed by the basic materials sector by 0.33%, then the oil sector And gas by 0.24%, then the consumer goods and banking sectors by 0.08% and 0.06%, respectively, then the industry sector by 0.01%, while the financial services sector declined by 0.85%, then the consumer services sector by 0.68%, then the utilities sector by 0.63%. Then, the telecommunications sector increased by 0.16%.

The share of the National Shooting Company came at the top of the green list listed on the stock exchange, up by 11.11%, followed by the share of the Equipment Holding Company by 9.40%, then the share of Gulf Insurance Group by 6.61%, while the share of Gulf Cement Company led the red list, down by 10.88%, followed by the share of the Group Company. The foundations of the holding rose by 5.56%, then the share of the Kuwaiti Syrian Holding Company by 5%.

Muscat Stock Exchange

Muscat Securities Market retreated, at the end of the trading session on Wednesday, for the fourth consecutive session, as the Muscat Market Index (30) fell by 0.06%, losing 2.03 points to close at 3535.970 points, and the trading volume reached 1.9 million shares worth 470.8 thousand riyals through implementation 163 deals for 27 shares.

5 shares rose on the Muscat Stock Exchange, led by “SMN Power Holding” by 3.90%, then a share, then “Galfar Engineering and Contracting” by 2.56%, then “Al-Anwar Ceramic Tiles” by 1.49%, while 4 stocks fell, on top of them. The share of “Oman National Engineering” by 2.75%, then the share of “National Gas” by 1.38%, then the share of “Al Madina Takaful” by 1.37%, while the share of “Renaissance Services” topped the list of the most active by value, amounting to 238.2 thousand Omani riyals.

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