The rise of the Gulf stock exchanges at the beginning of...

The rise of the Gulf stock exchanges at the beginning of...
The rise of the Gulf stock exchanges at the beginning of...

rose Gulf Stock Exchanges, during the trading session of today, Sunday, at the beginning of the trading session of the beginning of the week, and the general index of the Abu Dhabi Stock Exchange led, by 0.99%, winning 88.38 points, to close at the level of 8,971.38 points, and the general index of the Abu Dhabi Stock Exchange jumped Saudi stocks “TASI”, by 0.28%, gaining 30.18 points, to close at the level of 10,969.06 points, and the general index of the Financial Market, by 0.16%, gaining 5.21 points, to close at the level of 3,231.47 points, while the Kuwait Stock Exchange indices declined.

Saudi Stock Exchange

The general index of the Saudi stock market “TASI” rose by 0.28%, gaining 30.18 points, to close at 10,969.06 points, and the parallel market index – growth, rose by 1.66%, winning 391.88 points, to close at 23986.86 points, and the trading volume was 305.6 Million shares worth 19 billion riyals.

And 17 sectors in the Saudi stock market rose, topped by long-term commodities by 3.25%, followed by the transportation sector by 2.11%, followed by the investment and finance sector by 2.02%, then the basic materials sector by 1.48%, then the sectors of consumer services, management and real estate development by 0.97%, 0.9%, respectively, then the pharmaceutical sector by 0.79%, then the food production, applications and technology services sectors by 0.47%, 0.42%, respectively, then the food retail sector by 0.23%, then the public utilities and real estate traded funds sectors by 0.03%, while The communications sector decreased by 1.92%, then the media and entertainment sector by 0.72%, then the commercial and professional services sector by 0.54%, and finally the banking sector by 0.19%.

142 shares jumped during today’s trading session, led by “Al-Omran” share by 10%, then “Wafra” share by 10%, then “Development Food” share by 9.94%, and 53 shares fell, led by “Sadr” share by 3.49%, then The “STC” share increased by 2.73%, then the “Centers” share increased by 2.39%, while the “STC” share topped the list of the most active by value and amounted to 12.2 billion Saudi riyals.

Dubai stock exchange

While the general index of the Dubai Financial Market rose, at the close of trading today, Sunday, by 0.16%, gaining 5.21 points, to close at 3231.47 points, and the trading volume reached 244.8 million shares, achieving a value of 324.1 million dirhams through the implementation of 4191 deals for 31 shares, and 6 sectors rose. In the Dubai Stock Exchange, topped by services with 4.07%, followed by the transportation sector by 0.74%, followed by the insurance sector by 0.73%, then the investment and financial services sector by 0.43%, and finally the real estate and banking sector by 0.06%, 0.03%, respectively, while the communications sectors declined and commodities by 1.4% and 0.17%, respectively.

16 shares jumped on the Dubai Stock Exchange, at the conclusion of Sunday’s session, led by the National Central Cooling Company (Tabreed) share by 6.71%, then the Gulf Navigation Holding Company share by 6.06%, and 12 shares fell, led by the Al Salam Group Holding share by 9.09%, then the Bank’s share Salam increased by 8.18%, while the stock of GFH Financial Group topped the most traded list by value, with a volume of 50.3 million notes, with a value of 62.4 million dirhams, and the share increased by 4.20%.

Abu Dhabi Stock Exchange

The general index of the Abu Dhabi Stock Exchange, at the close of trading today, Sunday, increased by 0.99%, winning 88.38 points, to close at the level of 8971.38 points, and the market capitalization closed at the level of 1.640 trillion dirhams, and the trading volume reached 231.8 million shares, with a value of 1.6 billion dirhams through the implementation of 7,251 transactions.

Six sectors on the Abu Dhabi Stock Exchange rose, led by services, by 4.17%, followed by the telecommunications sector by 2.3%, followed by the banking sector by 1.37%, then the insurance and real estate sectors by 0.37%, 0.33%, respectively, and finally the industrial sector by 0.17%, while it declined. The energy, investment and financial services sectors increased by 0.36% and 0.35%, respectively.

23 shares rose on the Abu Dhabi Stock Exchange, led by the “Abu Dhabi National Hotel Company” by 14.81%, then the “Ras Al-Khaimah Poultry Company” share by 14.78%, then the “Abu Dhabi Islamic Bank” share by 5.29%, and 24 shares fell, led by the share ” Reem Investment Company” by 9.92%, then “Umm Al Qaiwain General Investment Company” share by 9.57%, then “Abu Dhabi National Company for Building Materials” by 5%, while the “International Holding Company” share topped the most active list by value, reaching 313.8 million dirhams.

Bahrain Stock Exchange

The general index of the Bahrain Financial Market jumped, at the close of trading today, Sunday, by 0.03%, gaining 0.59 points, to close at 1786.31 points, and the trading volume reached 3 million shares, with a value of 459.9 thousand Bahraini dinars. GFH Financial, Bank of Bahrain and Kuwait, Al Baraka Banking Group, National Bank of Bahrain by 5.92%, 1%, 0.96%, 0.79%, respectively, and the share of Inovest rose by 3.9%.

While the basic materials sector declined by 9.19%, under the pressure of a decline in the shares of Aluminum Bahrain by 0.25%, and the shares of Ahli United Bank and Al Salam Bank fell by 1.06% and 0.97%, respectively.

Kuwait Stock Exchange

Meanwhile, the Kuwait Stock Exchange indices declined, at the close of trading today, Sunday, as the general market index fell by 0.17%, losing 12.06 points, to close at 7029.68 points, and the first market index decreased by 0.23%, losing 17.37 points, to close at 7615.10 points, and the main market index decreased by 0.01%, losing 0.06 points, to close at the level of 5896.92 points, while the main index 50 rose by 0.12%, gaining 7.56 points, to close at the level of 6099.05 points.

The trading volume at the close of transactions amounted to about 350.2 million shares, with a value of 52.3 million Kuwaiti dinars, through the implementation of 9,918 deals, and 10 sectors in the Kuwait Stock Exchange fell, led by consumer services by 0.79%, followed by the energy sector by 0.77%, followed by the insurance sector by 0.54%, and then the communications sector by 0.52%, then the utilities sector by 0.43%, then the industry and banking sectors by 0.29%, 0.21%, respectively, then the consumer goods and real estate sectors by 0.14%, and finally the health care sector by 0.03%, while 3 sectors increased, namely technology and financial services and basic materials by 3%, 0.53%, and 0.36%, respectively.

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