A noticeable variance in the performance of Gulf financial markets at the end of today's trading

Arab market indicators reflected a clear fluctuation by the end of today's trading, amid investors' anticipation of regional and global economic developments that influence trading activity and liquidity in the stock exchanges.

In the UAE, financial markets recorded a collective decline at the close of today's trading, with the Dubai Financial Market index dropping by 1.5% to close at 5969.31 points, affected by selling pressures on several blue-chip stocks. In contrast, the Abu Dhabi Securities Exchange index closed down by 0.83% at 10010.01 points.

In Qatar, the stock exchange index ended its trading down by 46.90 points, equivalent to a 0.42% decrease, reaching 11175.48 points, with varying performance among companies. Shares of 21 companies rose, while shares of 27 companies fell, and 3 companies maintained their previous closing levels.

As for the Kuwait Stock Exchange, it recorded a limited increase, as its general index rose by 11.09 points, or 0.13%, to close at 8510.30 points, after trading more than 303 million shares worth 69.4 million Kuwaiti dinars through 19687 cash transactions.

In Bahrain, the general index closed up by 5.41 points to reach 1934.59 points, supported by the rise in the telecommunications sector index and the financial sector. The volume of traded shares reached about 2.7 million shares, with a total value exceeding 2.09 million Bahraini dinars, through 73 transactions.

Regarding trading on the Jordanian stock exchange, it finished today with a slight increase of 0.06% to close at 2976.15 points. The volume of traded shares reached 4.9 million shares, with a total value of about 8.6 million Jordanian dinars, executed through 3824 transactions.

 

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