The decline of the UAE and Bahraini financial markets in the Monday session.. and the rise of Saudi Arabia and Kuwait

varied Gulf Stock ExchangesDuring the trading session today, Monday, as the general index of the Saudi stock market, “TASI”, increased by 0.38%, winning 41.15 points, to close at the level of 10765.77 points, and the Kuwait Stock Exchange indices rose, while the UAE financial markets declined, and the general index of the Bahrain Stock Exchange fell, by 0.03%. losing 0.53 points, to close at 1925.41 points.

Saudi Stock Exchange

The general index of the Saudi stock market, “TASI”, increased by 0.38%, gaining 41.15 points, to close at 10765.77 points, at the end of the trading session on Monday, while the parallel market index declined – growth by 0.54%, losing 104.49 points to close at 19352.32 points, and the trading volume reached 128 million shares, worth 3.4 billion riyals.

On the Saudi Stock Exchange, the long-term commodities sector increased by 1.93%, followed by the transport sector by 0.93%, followed by the consumer services sector by 0.41%, then the commercial and professional services sector by 0.25%.

91 shares jumped during today’s trading session, headed by “Red Sea” share by 9.88%, then “East Pipes” share by 5.18%, then “Al-Aseel” share by 5%, and 111 shares fell, headed by “Tihama” share by 4.75%. Then the share of “Aqua Power” by 3.60%, then the share of “Al-Hammadi” by 3.52%, while the share of “Saudi Aramco” topped the list of the most active by value, amounting to 208.5 million Saudis.

Kuwait Stock Exchange

The Kuwait Stock Exchange indices also rose, during the trading session on Monday, as the general market index rose by 1.18%, winning 85.51 points, to close at 7362.77 points, and the first market index jumped by 1.36%, winning 109.93 points, to close at the level of 8180.57 points, and the main market index increased by 0.44%, gaining 24.85 points, to close at 5,688.91 points, and the main 50 index grew by 0.42%, gaining 23.76 points, to close at 5,737.09 points.

The trading volume at the close of trading amounted to about 279.2 million shares, at a value of 80.4 million Kuwaiti dinars, through the implementation of 13,769 transactions, and 10 sectors on the Kuwait Stock Exchange rose, led by technology by 3.28%, followed by the industry sector by 2.06%, followed by the energy sector by 2%, then the telecommunications and banking sectors. By 1.55% and 1.26%, respectively, then the financial services sector by 0.63%, then the basic materials and insurance sectors by 0.55% and 0.45%, respectively, and finally the real estate sector by 0.27%, while the utilities and consumer services sectors declined by 0.55. %, 0.34%, respectively.

Bahrain Stock Exchange

While the general index of the Bahrain Stock Exchange fell, at the end of Monday’s trading session, by 0.03%, losing 0.53 points, to close at the level of 1925.41 points, and the trading volume reached 2 million shares, with a value of 1.9 million Bahraini dinars.

On the Bahrain Stock Exchange, the basic materials sector declined by 13.78%, due to the pressure of the fall of the share of Aluminum Bahrain by 0.25%, then the financial sector, which decreased by 0.83%, due to the pressures of the shares of Khaleeji Commercial Bank and Al Salam Bank by 3.33% and 0.99%, respectively.

While it increased by a growth rate of 9.42%, driven by the rise of the share of APM Terminals Bahrain by 0.41%, then the telecommunications sector, by a growth rate of 4.62%, driven by the rise of the share of Bahrain Telecommunications Company-Batelco by 0.22%, and the shares of Kuwait Finance House, the Arab Banking Corporation, and Bank of Kuwait rose. Bahrain and Kuwait increased by 1.5%, 0.73%, and 0.2%, respectively.

The general index of the Dubai Financial Market, at the end of Monday’s trading session, decreased by 0.07%, losing 2.55 points, to close at 3349.95 points, and the trading volume reached 122.8 million shares, achieving a value of 206.4 million dirhams, through the implementation of 5680 transactions for 35 shares.

4 sectors decreased on the Dubai Stock Exchange, led by consumer goods by 2.68%, followed by the communications sector by 0.93%, followed by the real estate sector by 0.39%, and finally the financial services sector by 0.02%, while the services sectors increased, by 1.16%, and public utilities, and industry by 1.16. %, 0.26%, and 0.03%, respectively.

10 shares, led by Ektitab Holding Company, increased by 2.58%, then the share of GFH Financial Group increased by 2.53%, and 19 shares decreased, headed by Takaful Emirates Company by 9.85%, then the share of Dar Al Takaful Company increased by 8.28%, while the share of Emaar Properties was issued. The list of the most traded by value, with a volume of 6.9 million papers, at a value of 40.6 million dirhams.

Abu Dhabi Stock Exchange

The Vadax 15 index on the Abu Dhabi Securities Market, at the end of the trading session on Monday, decreased by 0.321%, losing 32.53 points, to close at the level of 10095.85 points, and the market capitalization closed at the level of 2.547 trillion dirhams, and the trading volume amounted to 155.6 million shares, with a value of 1.1 billion dirhams. By executing 9093 transactions.

6 sectors fell on the Abu Dhabi Stock Exchange, led by health care by 3.72%, followed by the consumer discretionary sector by 0.61%, followed by the industries and energy sectors by 0.46%, 0.4%, respectively, then the utilities sector by 0.29%, and finally the basic materials sector by 0.1%. %, while the telecommunications sector increased by 0.7%.

36 shares rose on the Abu Dhabi Stock Exchange, led by the share of “Foodco National Foodstuff Company” by 14.91%, then the share of “ADC Corporation for Acquisitions – Permits” by 14.88%, then the share of “Hilli Holding Company” by 14.72%, and 25 shares declined on It was led by “I want” shares by 9.5%, then “Aram Group” shares by 8.11%, then “Gulf Investment House Company” shares by 7.37%, while the “International Holding Company” share topped the list of the most active by value, amounting to 261.4 million dirhams.

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