The stock exchanges of Saudi Arabia, Bahrain and Abu Dhabi declined in Wednesday’s session… and the rise of Kuwait and Dubai

The Gulf stock exchanges varied, during today’s trading session, as the general index of the Saudi stock market “TASI” decreased by 0.78%, losing 105.85 points, to close at the level of 13540.27 points, and the general index of the Bahrain Financial Market decreased, by 0.05%, losing 1.01 points, to close at the level of 2102.69 Points, and the FADAX 15 index of the Abu Dhabi Stock Exchange, by 0.064%, losing 6.47 points, to close at the level of 10,089.59 points.

While the general index of the Dubai Financial Market rose by 0.37%, gaining 13.39 points, to close at 3582.22 points, and the indicators of the Kuwait Stock Exchange rose.

The Saudi Stock Exchange The general index of the Saudi stock market “TASI”, at the close of trading today, Wednesday, decreased by 0.78%, losing 105.85 points, to close at the level of 13540.27 points, while the parallel market index – growth increased by 0.17%, gaining 42.30 points, to close at the level of 24311.13 points. Trading 240.2 million shares, worth 11.2 billion riyals.

16 sectors in the Saudi stock market fell, led by public utilities by 1.8%, followed by the food production sector by 1.63%, followed by the media and entertainment sector by 1.20%, then the banking and basic materials sectors by 0.98%, 0.95%, respectively, then the insurance and commodities sectors. The long-term sector increased by 0.83% and 0.81%, respectively, then the energy and capital goods sectors by 0.78% and 0.71%, respectively, then the investment, finance, applications and technology services sectors by 0.18%, while the real estate management and development sector increased by 1.04%, then the real estate management and development sector by 1.04%. Real estate traded funds increased by 0.61%.

92 shares jumped during today’s trading session, led by “Chemanol” share by 5.39%, then “Yamamah Cement” share by 4.62%, then “Gas” share by 4.56%, and 110 shares declined, led by “Metals” share by 5.41%, then The “Etihad” share increased by 3.24%, then the “ACWA Power” share increased by 3.24%, while the “Al-Rajhi” share topped the list of the most active by value and amounted to 1.05 billion Saudi riyals.

Bahrain Stock Exchange The general index of the Bahrain Financial Market decreased, at the close of trading today, Wednesday, by 0.05%, losing 1.01 points, to close at 2102.69 points, and the trading volume reached 2.8 million shares, with a value of 1.05 million Bahraini dinars, and the Bahrain Stock Exchange fell in the luxury consumer goods sector by 37.99%, under pressure. The share of the Gulf Hotels Group decreased by 2.78%, then the basic consumer goods sector decreased by 31.48%, due to the pressure of the shares of Travco Group falling by 6.81%, then the financial sector by a decrease of 5.43% due to the pressure of the decline in the shares of Bahrain Islamic Bank, Bank of Bahrain and Kuwait, Arab Banking Corporation, Group GFH Capital increased by 5.88%, 0.79%, 0.61%, and 0.31%, respectively.

While the basic materials sector increased by 9.19%, driven by the rise of the Bahrain Aluminum Company by 0.13%, then the telecommunications sector by 4.62%, driven by the rise in the share of Bahrain Telecommunications Company-Batelco by 0.18%, and the shares of Bahrain National Holding Company, Al Salam Bank, which rose by 4.2%, 2.08%, respectively.

Abu Dhabi Stock Exchange The FADAX 15 index on the Abu Dhabi Stock Exchange, at the close of trading today, Wednesday, decreased by 0.064%, losing 6.47 points, to close at 10089.59 points, and the market capitalization closed at the level of 1.842 trillion dirhams, and the trading volume reached 318.5 million shares, with a value of 1.6 billion dirhams, by executing 11.6 thousand transactions.

The utilities and basic materials sectors on the Abu Dhabi Stock Exchange decreased by 3.62% and 0.88%, respectively, while the real estate sector increased by 1.37%, followed by the energy by 1.17%, followed by the consumer goods sector by 0.57%, and then the industries sector by 0.23%.

30 shares rose on the Abu Dhabi Stock Exchange, led by “Easy Lease Motorcycle Rental” by 14.95%, then “Fujairah Cement Industries Company” by 14.9%, then “Response Plus Holding Company” by 12.94%, and 12 shares fell, headed by The “Umm Al Qaiwain National Bank” share increased by 5.29%, then the “Abu Dhabi National Energy Company” share by 3.62%, then the “Abu Dhabi Shipbuilding Company” share by 2.3%, while the “International Holding Company” share issued the most active list by value. It amounted to 307.1 million dirhams.

The Kuwait Stock Exchange, while the indicators of the Kuwait Stock Exchange rose, during today’s trading session, as the general market index rose by 0.34%, gaining 27.80 points, to close at the level of 8,271.42 points, and the first market index jumped by 0.26%, winning 23.73 points, to close at the level of 9157.87 points, and the main market index increased By 0.61%, winning 39.04 points, to close at 6454.49 points, and the Major Index 50 rose by 0.52%, winning 34.66 points, to close at 6667.30 points.

The trading volume at the close of transactions amounted to about 184.9 million shares, with a value of 51.8 million Kuwaiti dinars, through the implementation of 11.7 thousand deals, and 8 sectors in the Kuwait Stock Exchange, led by the industry rose by 1.93%, followed by the telecommunications sector by 0.64%, followed by the utilities sector by 0.45%, then the financial services sector by 0.4%, then the consumer services sector by 0.36%, then the insurance sector by 0.22%, then the real estate sector by 0.14%, and finally the banking sector by 0.08%, while the sectors of energy, consumer goods, basic materials decreased by 0.95%, 0.3%, 0.11%, respectively.

Dubai Stock Exchange The general index of the Dubai Financial Market jumped, at the close of trading today, Wednesday, by 0.37%, gaining 13.39 points, to close at 3582.22 points, and the trading volume reached 330.7 million shares, achieving a value of 638.5 million dirhams through the implementation of 8299 transactions for 29 shares.

3 sectors in the Dubai Stock Exchange rose, led by transportation by 1.01%, followed by the banking sector by 0.72%, followed by the real estate sector by 0.21%, while the commodities sector decreased by 2.63%, followed by the communications sector by 0.91%, followed by the investment and financial services sector by 0.32%, Finally, the insurance sector increased by 0.07%.

13 shares rose on the Dubai Stock Exchange, led by Amlak Finance by 7.60%, then Al Salam Bank Sudan by 4.45%, while 12 shares fell, led by Takaful Emirates Company by 9.70%, then Emirates Refreshments Company by 3.75%, and the share issued Dubai Electricity and Water Authority is the most traded list by value, with a volume of 131 million notes, with a value of 373.4 million dirhams.

Note: The content of this news was written by the seventh day and does not express the viewpoint of Egypt today, but it was transferred with its content as it is from the seventh day, and we are not responsible for the content of the news and the custody of the aforementioned source.

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