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

The Gulf stock exchanges varied, during today’s trading session, as the general index of the Saudi stock market “TASI” decreased by 0.52%, losing 66.45 points, to close at 12596.30 points, and the FADAX 15 index on the Abu Dhabi Stock Exchange, by 0.324%, losing 31.42 points, to close At 9665.39 points, the Kuwait Stock Exchange indices decreased, while the general index of the Dubai Financial Market rose by 0.67%, winning 22.79 points, to close at 3395.75 points, and the general index of the Bahrain Stock Exchange, by 0.27%, winning 5.08 points, to close at 1883.87 points.

Saudi Stock Exchange

The general index of the Saudi stock market “TASI”, at the close of trading today, Wednesday, decreased by 0.52%, losing 66.45 points, to close at 12596.30 points, and the parallel market index – growth by 0.55%, losing 122.34 points, to close at the level of 22206.77 points, and the trading volume reached 141.3 Million shares worth 5.6 billion riyals.

18 sectors in the Saudi stock market fell, led by investment and finance by 2.95%, followed by the media and entertainment sector by 1.44%, followed by the long-term goods sector by 1.43%, then the luxury goods retail sector by 1.38%, then the food retail sector by 1.16%, then The public utilities sector increased by 1.16%, then the communications sector by 0.86%, then the basic materials sector by 0.69%, while the insurance sector increased by 1.41%, then the food production sector by 0.46%, then the energy sector by 0.27%, then the consumer services sector by 0.13%.

62 shares jumped during today’s trading session, led by “Petro Rabigh” share by 6.72%, then “Al-Sharqiya Development” share by 5%, then “Bupa Arabia” share by 4.38%, and 140 shares fell, led by “Sadarat” share by 4.75%. Then the share of “Tadawul Group” by 4.67%, then the share of “Naseej” by 3.69%, while the share of “Al-Rajhi” topped the list of the most active by value, amounting to 552.9 million Saudi riyals.

Abu Dhabi Stock Exchange

The FADAX 15 index on the Abu Dhabi Stock Exchange, at the close of trading today, Wednesday, decreased by 0.324%, losing 31.42 points, to close at 9665.39 points, and the market capitalization closed at the level of 1.942 trillion dirhams, and the trading volume reached 244.5 million shares, with a value of 1.7 billion dirhams. By executing 13.3 thousand transactions.

Six sectors on the Abu Dhabi Stock Exchange fell, led by basic materials by 2.32%, followed by the telecommunications sector by 1.85%, followed by the real estate sector by 0.86%, then the consumer goods sector by 0.73%, and finally the energy sector by 0.16%, while the health care and industry sectors increased by 0.45% and 0.4%, respectively.

21 stocks rose on the Abu Dhabi Stock Exchange, led by the “ADC Corporation for Acquisition – Permissions” by 3.4%, then the “Dana Gas Company” share by 1.85%, and then the “Shimera Standard & Poor’s Kuwait Sharia Trader – Tranche (B)” by 1.85%. 1.85%, and 26 shares fell, led by “Abu Dhabi National Takaful Company” by 9.86%, then “First Abu Dhabi Bank” by 3.7%, then “Methaq Takaful Insurance Company” share by 3.57%, while the “International Company” share topped Holding” list of the most active by value, amounting to 333.4 million dirhams.

Kuwait Stock Exchange

The Kuwait Stock Exchange also declined, during today’s trading session, as the general market index fell by 0.14%, losing 10.62 points, to close at 7629.80 points, and the first market index decreased by 0.09%, losing 7.30 points, to close at 8454.69 points, and the main market index decreased by 0.33%, losing 19.45 points, to close at the level of 5936.61 points, while the Main Index 50 rose by 0.05%, gaining 3.02 points, to close at the level of 6241.50 points.

The trading volume at the close of transactions amounted to regarding 171.4 million shares, worth 54.3 million Kuwaiti dinars, through the implementation of 11.5 thousand deals, and 6 sectors in the Kuwait Stock Exchange fell, led by energy, by 5.41%, followed by the consumer goods sector by 4.72%, followed by the communications sector by 1%, then the real estate sector by 0.54%, then the basic materials sector by 0.41%, and finally the industry sector by 0.23%, while the insurance sector increased by 1.9%, then the financial services sector by 0.24%, then the consumer services sector by 0.14%.

Dubai stock exchange

While the general index of the Dubai Financial Market rose, at the close of trading today, Wednesday, by 0.67%, gaining 22.79 points, to close at 3395.75 points, and the trading volume reached 135.4 million shares, achieving a value of 311.5 million dirhams through the implementation of 5023 transactions for 27 shares.

Seven sectors on the Dubai Stock Exchange rose, led by commodities by 12.41%, followed by the transportation sector by 2.29%, followed by the real estate sector by 1.93%, then the insurance sector by 0.93%, then the communications sector by 0.83%, then public utilities by 0.39%, and finally the services sector By 0.17%, while the investment, financial services and banking sectors decreased by 0.36% and 0.09%, respectively.

17 shares rose, led by Emirates Refreshments Company by 15%, then Dubai Islamic Insurance and Reinsurance Company – Aman by 6.62%, and 7 shares, led by Takaful House, decreased by 2.94%, then Ithmaar Holding Company by 0.99%, while it issued The share of Emaar Properties Company was the most traded list by value, with a volume of 12.5 million notes, with a value of 72.7 million dirhams.

Bahrain Stock Exchange

The general index of the Bahrain Stock Exchange rose, at the close of trading today, Wednesday, by 0.27%, gaining 5.08 points, to close at the level of 1883.87 points, and the trading volume reached 1.98 million shares, with a value of 536.6 BD. , Ahli United Bank, Al Salam Bank, and GFH Financial Group accounted for 1.33%, 1.15%, 1.15%, 0.33%, respectively.

While the basic materials sector declined by 45.94%, under the pressure of a drop in the aluminum Bahrain company’s share by 0.81%, then the real estate sector by 26.52%, under the pressure of a drop in the Seef Real Estate Company’s share by 1.19%, then the industries sector by 23.25% under the pressure of the Nass Company’s share falling by 8.82 The share of Bahrain Commercial Facilities Company fell by 1.01%.