The Gulf stock exchanges varied, during today’s session, Tuesday, the middle of the week’s sessions, as the general index of the Abu Dhabi Stock Exchange, by 0.642%, gaining 58.05 points, to close at 9102.86 points, while the general index of the Dubai Financial Market decreased, by 0.06%, losing 2.10 points. To close at 3309.28 points, the Kuwait and Bahrain stock exchanges fell, while the Saudi market was disrupted on the occasion of the founding day of the Kingdom of Saudi Arabia.
Abu Dhabi Stock Exchange
The general index of the Abu Dhabi Stock Exchange, at the close of trading today, Tuesday, increased by 0.642%, gaining 58.05 points, to close at 9102.86 points, and the market capitalization closed at the level of 1.680 trillion dirhams, and the trading volume reached 263.7 million shares, with a value of 1.6 billion dirhams, through Execution of 7,871 transactions.
4 sectors on the Abu Dhabi Stock Exchange rose in Monday’s session, led by energy by 1.05%, followed by the investment, financial services and communications sectors by 0.75%, followed by the real estate sector by 0.06%, while the consumer goods and industry sectors declined by 0.51% and 0.13%, respectively.
24 shares rose on the Abu Dhabi Stock Exchange, led by the “Gulf Medical Projects Company” share by 6.84%, then the “Abu Dhabi Islamic Bank” share by 3.32%, then the “Easy Lease Motorcycle Company” share by 2.76%, and 20 shares fell, headed by Shares of “Umm Al Qaiwain General Investment Company” by 4.17%, then “Aram Group” share by 4%, then “Eshraq Investment Company” share by 2.74%, while “First Abu Dhabi Bank” topped the list of the most active by value, amounting to 332.5 million dirhams.
Dubai stock exchange
The general index of the Dubai Financial Market, at the close of trading today, Tuesday, decreased by 0.06%, losing 2.10 points, to close at 3309.28 points, and the trading volume reached 118.8 million shares, achieving a value of 233.9 million dirhams through the implementation of 4086 deals for 28 shares, and 5 sectors on the Stock Exchange fell. Dubai was led by insurance with 1.78%, followed by the transportation sector by 0.75%, followed by the communications sector by 0.46%, then the services sector by 0.39%, and finally the real estate sector by 0.02%, while the commodities sector increased by 2.25%, then the investment and financial services sector by 0.33%, then the banking sector by 0.02%.
7 shares rose on the Dubai Stock Exchange, at the close of Tuesday’s session, led by Emirates Refreshments Company by 3.81%, then Shuaa Capital by 1.49%, and 13 shares fell, led by Dubai Insurance and Reinsurance Company by 6.15%, then Amlak Finance by 6.15%. 3.55%, while the share of Emaar Real Estate Company topped the most traded list by value, with a volume of 15.3 million notes, with a value of 75.8 million dirhams.
Bahrain Stock Exchange
The general index of the Bahrain Financial Market fell, at the close of trading today, Tuesday, by 0.24%, losing 4.71 points, to close at 1928.39 points, and the trading volume reached 728.6 thousand shares, with a value of 219.3 thousand Bahraini dinars. Aluminum Bahrain Company by 0.4%, then the telecom sector by 20.55%, due to the downward pressure of the shares of Zain Bahrain and Bahrain Telecommunications – Batelco by 1.33% and 0.7%, respectively.
The real estate sector also declined, with a decrease of 13.26%, under pressure of a decline in the shares of Seef Real Estate Company, by 0.58%, then the financial sector, with a decrease of 10.69%, under pressure of a decline in the shares of GFH Financial Group, Ahli United Bank, Bank of Bahrain and Kuwait by 0.9%, 0.21%, 0.19%. , respectively.
Kuwait Stock Exchange
The Kuwait Stock Exchange also declined, during today’s trading session, as the general market index fell by 0.23%, losing 17.89 points, to close at 7608.89 points, and the first market index decreased by 0.18%, losing 14.54 points, to close at 8269.31 points, and the main market index decreased by 0.42%, losing 26.83 points, to close at 6315.58 points, and the Major Index 50 declined by 0.47%, losing 31.06 points, to close at 6599.20 points.
The trading volume at the close of transactions reached regarding 282 million shares, with a value of 75 million Kuwaiti dinars, through the implementation of 14.8 thousand deals, and 8 sectors in the Kuwait Stock Exchange fell, led by telecommunications, by 0.96%, followed by the basic materials sector by 0.91%, followed by the financial services sector by 0.54%, then the sectors Utilities and industry by 0.45% and 0.4%, respectively, then the consumer goods and real estate sectors by 0.15% and 0.14%, respectively, and finally the banking sector by 0.07%, while the technology sector increased by 4.94%, then the consumer services sector by 0.63%, Then the energy sector by 0.33%, then the insurance sector by 0.01%.