The performance of the Arab stock exchanges varied at the beginning of the week’s trading, as 5 stock exchanges closed higher, supported by the increase in purchases, while 3 other Arab stock exchanges declined as a result of fluctuations in oil prices and fear of global economic recession.
Egypt
The indicators of the Egyptian Stock Exchange recorded a collective increase at the close of trading today, and the market capitalization of the shares of the companies listed in the stock exchange gained about 11.9 billion pounds, to reach the level of 693.6 billion pounds, amid total transactions amounting to about 2.3 billion pounds..
The main stock index “EGX30” jumped by 2.43%, to end trading at the level of 10,339.58 points, and the index of small and medium stocks “EGX70” increased by 1.68%, to reach the level of 2,195.49 points, and the broader “EGX 100” index rose by about 1.9%, to close at 3,152.72 points.
the two seas
The Bahrain General Index closed today at 1,898.60 points, an increase of 0.87 points from the previous closing rate. The Bahrain Islamic Index closed at 673.08 points, an increase of 0.09 points over its previous closing rate. The volume of traded shares amounted to 514 thousand and 15 shares, with a total value of 152 thousand and 777 Bahraini dinars executed through 36 transactions.
Tunisia
The main index of the Tunis Stock Exchange, “Tonandex”, ended the week’s trading with an increase of 1.6 percent, to reach 7,930.55 points. The total funds in circulation amounted to 12.5 million Tunisian dinars, or about 3.95 million US dollars.
Kuwait
The Kuwait Stock Exchange closed its trading today, with its general index rising by 33.5 points, or 0.44%, to reach the level of 7718.99 points.
The volume of traded shares amounted to 223.6 million shares, with a total value of 36.6 million Kuwaiti dinars, as a result of executing 10052 cash deals.
The main market index rose by 23.9 points, to reach the level of 5845.05 points, an increase of 0.41%, through the circulation of 171.7 million shares, through 5678 cash transactions, with a value of 11 million dinars.
The First Market Index rose 0.44%, equivalent to 38.06 points, to end its trading at 8618.11 points, as 51.9 million shares were traded, through 4374 transactions, with a value of 25.6 million dinars.
Jordan
The Jordanian Stock Exchange rose slightly today, Sunday, with the support of a limited purchase in leading shares such as the Arab Bank, amid weak liquidity and the continued absence of institutional investment.
The general index of shares closed up by 0.08% to 2566.13 points, while the trading value amounted to 5 million dinars (7 million dollars), compared to 6.8 million in the previous session.
The Arab Potash share rose 0.29% to 42 dinars, the Jordanian Electricity share rose 1% to 2.02 dinars, and the Arab Bank share rose 0.21% to 4.83 dinars.
Jordan Telecom’s stock fell 0.45% to 2.19 dinars.
Saudi Arabia
The main Saudi stock index closed today, down 67.23 points, to close at 12554.50 points, with transactions worth 5.5 billion riyals.
The volume of traded shares – according to the daily economic bulletin of the Saudi News Agency for the Saudi stock market – reached 129 million shares, shared by more than 324 thousand deals, in which the shares of 63 companies recorded an increase in their value, while the shares of 142 companies closed down.
The shares of SADAFCO, Red Sea, Al-Ahly REIT 1, Research and Media, and Arab Sea companies were the highest gainers, while the shares of Salama, Al Arabia, Batic, Al Dawaa, and Medgulf Insurance were the lowest in trading; Where the rates of increase and decrease ranged between 10% and 6.32%. While the shares of Dar Al-Arkan, Petro Rabigh, Al-Rajhi, Jabal Omar, and Al-Enmaa companies were the most active in terms of quantity, while the shares of Al-Rajhi, STC, SABIC, Naqi, and Bahr Al-Arab companies were the most active in value.
Muscat
The Muscat Stock Exchange 30 index closed today at 4,605.66 points, down by 1.1 points, or 0.02% compared to the last trading session, which amounted to 4,606.78 points.
The trading value amounted to two million and 551 thousand and 673 Omani riyals, an increase of 1.9%, compared to the last trading session, which amounted to two million and 503 thousand and 91 Omani riyals.
Diameter
Today, the general index of the Qatar Stock Exchange recorded a decrease of 51.39 points, or 0.37%, to reach the level of 13,967.04 points.
During today’s session, 224 million and 229 thousand and 246 shares were traded, with a value of 616 million and 840 thousand and 329.003 riyals, as a result of executing 14,091 transactions in all sectors.
During the session, the shares of 26 companies rose, while the prices of 18 other companies decreased, while 3 companies maintained their previous closing price.