Categories: Economy

Mixed Results for GCC Stocks: UAE, Dubai, Saudi Arabia, Kuwait and Qatar

On Wednesday, GCC stocks experienced mixed results, with some exchanges showing positive movements while others saw declines. In the UAE, the Abu Dhabi Securities Exchange saw a slight increase of 0.066% to reach 9,093.83 points, with trades amounting to Dh1.33 billion. Similarly, the Dubai Financial Market Index rose by 0.393% to reach 4,079.21 points, with trades worth Dh426.71 million.

However, in Saudi Arabia, the main stock index “Tadawul” declined by 0.09% to 11595.20 points, with trades valued at 4.9 billion riyals and a volume of traded shares reaching 225 million shares. Meanwhile in Kuwait, the Stock Exchange’s general market index experienced a slight increase of 0.22% to reach 6,952.61 points and transactions totaling 33.17 million dinars through 63 transactions were executed on this exchange while trading volume reached at 116 million shares .

In Qatar, the Qatar Stock Exchange index rose by 0.47% to reach 10,053 points and trading value reached at 350

Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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