2023-05-17 14:11:05
(agencies)
The performance of stocks in the Gulf Cooperation Council countries varied, on Wednesday, amid concerns regarding the results of the ongoing negotiations to raise the US government’s debt ceiling, and with oil prices falling, for the second day in a row, following a sudden rise in US crude stocks.
In Saudi Arabia, the main Saudi stock index rose 71.58 points to 11277.60 points, with transactions worth 6 billion riyals. The volume of traded shares amounted to 204 million shares.
The Saudi parallel stock index (growth) rose 182.07 points to close at 20,864.69 points, with transactions worth 24.3 million riyals. The volume of traded shares amounted to more than 570 thousand shares.
In Kuwait, the Kuwait Stock Exchange general index fell 1.01% to 6,745.55 points. The volume of traded shares amounted to 106 million shares through 10,097 cash transactions, at a value of 42.2 million Kuwaiti dinars.
The main market index fell 0.65% to 5466.43 points, through the circulation of 23.5 million shares through 1881 cash transactions worth 5.11 million Kuwaiti dinars.
The first market index fell 1.10% to 7,417.83 points, through trading 28.4 million shares through 8,216 transactions, at a value of 37 million Kuwaiti dinars.
In parallel, the (main 50) index fell 1.03% to 5445.16 points, through the trading of 20.8 million shares through 1552 cash transactions worth three million Kuwaiti dinars.
In Bahrain, the Bahrain index rose 0.11% to 1940 points, with the support of the financial and communications sectors.
The Bahrain Stock Exchange witnessed transactions of 2.202 million shares, at a value of 608.899 thousand dinars.
In Qatar, the general index of the Qatar Stock Exchange rose 2.04% to 10,681.79 points. 250.25 million shares were traded, at a value of 670.76 million riyals, through 25.21 thousand deals.
In the Sultanate of Oman, the Muscat Stock Exchange index «30» fell 0.31% to 4,695.16 points. The turnover amounted to 3.943 million Omani riyals.
Outside the Gulf region, the Egyptian Stock Exchange ended today’s session with a collective decline. The “EGX30” index declined by 1.12% to 16,844 points, the “EGX50” index fell by 2.19% to 3028 points, and the “EGX30 weighted” index decreased by 1.64% to 20034 points, and the “EGX” index fell. 30 for the total return, by 1.18%, to 7039 points.
The index of small and medium-sized companies, “EGX 70 of equal weights,” decreased by 1.57%, to 2,974 points, and the index of “EGX 100 of equal weights,” by 1.68%, to 4,503 points.
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