Saudi stocks gain 235 billion riyals.. and the rise of the...

Saudi stocks gain 235 billion riyals.. and the rise of the...
Saudi stocks gain 235 billion riyals.. and the rise of the...

performance contrast Gulf Stock ExchangesDuring the last week’s sessions, the first week of October, the general index of the stock market rose Saudi stocks, by 0.83%, gaining 95.57 points, to close at the level of 11,591.33 points, for the second week in a row. The general index of the Muscat market rose by 0.5%, gaining 19.68 points, to close at the level of 3962.18 points, in the week of the hurricane, while the general index of the Financial Market decreased, by 2.56%, losing 73 points, to close at 2772 points, and the market capital lost about 10 billion dirhams.

Saudi Stock Exchange

The general index of the Saudi stock market rose, during the sessions of the ending week, by 0.83%, gaining 95.57 points, to close at the level of 11,591.33 points, for the second week in a row. Market capitalization is 235.3 billion riyals to close at 10.306 trillion Saudi riyals.

Eight sectors on the Saudi Stock Exchange, led by banks, rose by 4.33%, followed by the energy sector by 2.32%, while the communications sector decreased by 3.32%, and then the basic materials sector by 2.09%.

Muscat Stock Exchange

The general index of the Muscat market also rose, during the sessions of the ending week, by 0.5%, gaining 19.68 points, to close at the level of 3962.18 points, and the trading volume amounted to 22.5 million shares, with a value of 5.35 million riyals, and the profit of the market capitalization was 64.3 million riyals to reach the level of 22.067 billion riyals.

The rising shares were led by “Oman Qatar Insurance” by 6.02%, followed by “Bank Muscat” by 4.93%, followed by “International Financial Investments” by 3.03%, while the decliners were led by “Dhofar International Development” by 7.56%, followed by “Dhofar International Development” by 7.56%. Omani Fisheries” by 7.5%, followed by “National Aluminum” by 4.76%.

Kuwait Stock Exchange

The performance of the Kuwait Stock Exchange indices varied during the trading week ending, as the general market index rose by 0.27%, gaining 18.68 points, to close at the level of 6,883.51 points, while the first market index decreased by 0.24%, losing 18.05 points, to close at the level of 7478.45 points, and the main market index rose By 1.92%, winning 108.13 points, to close at 5726.80 points, and the main index 50 increased by 1.33%, winning 78.20 points, to close at 5964.68 points.

The trading volume during the week’s trading reached about 2.5 billion shares, with a value of 264.1 million Kuwaiti dinars, through the implementation of 72.1 thousand transactions.

UAE markets

While the general index of the Dubai Financial Market decreased, during the sessions of the last week, by 2.56%, losing 73 points, to close at the level of 2772 points, and the market capital lost about 10 billion dirhams to close at the level of 381.4 billion dirhams.

The Dubai Stock Exchange, the banking sector, fell by 3.64%, under pressure of a drop in Ajman Bank by 1.16%, Emirates NBD by 8.54%, and then the real estate sector by a decrease of 0.47%, under pressure of a decline in the shares of Emaar Properties by 0.25%, Union Properties 3.85%.

While the general index of the Abu Dhabi Stock Exchange, during the sessions of the ending week, increased by 0.14%, winning 11 points, to close at the level of 7709 points, and the Abu Dhabi Stock Exchange gained 54 billion dirhams to close at the level of 1.394 trillion dirhams.

On the Abu Dhabi Stock Exchange, the telecommunications sector rose by 1.9%, driven by the increase in the shares of the Emirates Telecommunications Group by 1.83%, then the real estate sector with a growth of 0.93%, driven by the rise in the shares of Aldar Properties by 2.23%, and the Sharjah Group by 7.46%.

These were the details of the news Saudi stocks gain 235 billion riyals.. and the rise of the... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Emirates carried over 10m passengers this summer

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]