The rise of the stock exchanges of Saudi Arabia and the UAE at the beginning of the week session… and the decline of Qatar and Kuwait

performance contrast Gulf Stock ExchangesDuring today’s session, Sunday, the beginning of the week’s sessions, the general index of the market rose Saudi stocks “TASI”, by 0.12%, gaining 14.11 points, to close at 11913.05 points, and the general index of the Dubai Financial Market, by 0.92%, winning 29.15 points, to close at 3170.13 points, and the general index of the Abu Dhabi Stock Exchange, by 0.13%, winning 10.57 points. To close at 8296.19 points, while the Kuwait, Bahrain and Qatar stock exchanges declined.

Saudi Stock Exchange

The general index of the Saudi stock market “TASI” rose by 0.12%, gaining 14.11 points, to close at 11,913.05 points, at the close of trading today, Sunday, while the parallel market index – a growth of 0.35%, losing 87.01 points, to close at 24672.18 points, and the trading volume reached 116 million shares worth 4.4 billion riyals.

14 sectors in the Saudi stock market rose, led by investment and finance by 1.8%, followed by the capital goods sector by 1.75%, followed by the transportation sector by 1.15%, then the pharmaceutical and basic materials sectors by 0.76%, then the communications sector by 0.68%, then the long goods sectors Term and public utilities by 0.57% and 0.54%, respectively, then the food production sector by 0.34%, then the luxury goods retail sector by 0.2%, while the commercial and professional services sector decreased by 0.82%, then the real estate management and development, applications and technology services sectors by 0.66 % and 0.62%, respectively, then the energy and consumer services sectors by 0.29% and 0.24%, respectively.

117 shares jumped during today’s trading session, led by “Tabuk Cement” share by 8%, then “Tubes” share by 7.98%, then “Glass” share by 5.53%, and 69 shares declined, led by “Centers” share by 9.98%, then The “Sadr” share increased by 7.59%, then the “paper industry” share increased by 3.20%, while the “Al-Rajhi” share topped the list of the most active by value, amounting to 300 million Saudi riyals.

Dubai stock exchange

The general index of the Dubai Financial Market, at the close of trading today, Sunday, increased by 0.92%, gaining 29.15 points, to close at 3170.13 points, and the trading volume reached 939.4 million shares, achieving a value of 710 million dirhams through the implementation of 8174 transactions for 34 shares, and 5 sectors rose. In the Dubai Stock Exchange, led by investment and financial services by 5.28%, followed by the real estate sector by 1.02%, followed by the transportation sector by 0.79%, then the insurance and banking sectors by 0.26%, 0.2%, respectively, while the commodities sector decreased by 3.16%, then the services sector by 0.89%, then the telecommunications sector by 0.47%.

16 shares jumped on the Dubai Stock Exchange, at the conclusion of Sunday’s session, led by the Dubai Financial Market Company by 14.87%, then the National International Holding Company by 4.78%, and 15 shares, led by the Union Properties Company, decreased by 9.74%, and then Al Salam Group Holding shares by 8.27 The share of Dubai Financial Market Company topped the most traded list by value, with a volume of 176.5 million notes, with a value of 380 million dirhams.

Abu Dhabi Stock Exchange

The general index of the Abu Dhabi Stock Exchange, at the close of trading today, Sunday, rose by 0.13%, gaining 10.57 points, to close at the level of 8296.19 points, and the market capital closed at the level of 1.501 trillion dirhams, and the trading volume reached 286.1 million shares, with a value of 1.9 billion dirhams, via Execution of 7954 transactions.

5 sectors on the Abu Dhabi Stock Exchange jumped, led by the industry by 1.88%, followed by the telecommunications sector by 1.24%, followed by the energy sector by 0.28%, then the banking and services sectors by 0.26%, 0.25%, respectively, while the consumer goods sector decreased by 1.89%, Then the investment and financial services sector by 0.88%, then the insurance and real estate sectors by 0.7%, 0.69%, respectively.

12 shares rose on the Abu Dhabi Stock Exchange, led by “Reem Investment Company” by 15%, then “Vertiglobe Company” by 10%, then “ADNOC Drilling Company” by 3.63%, and 33 shares declined, led by “Ras Al Khaimah Poultry Company” “Sharjah White Cement and Construction Materials Company” by 7.77%, then “Sharjah White Cement and Construction Materials Company” share by 7.51%, then “Bank of Sharjah” share by 7.19%, while the “Emirates Telecommunications Group” share topped the most active list by value, amounting to 354.8 million dirhams.

Bahrain Stock Exchange

While the general index of the Bahrain Financial Market declined, at the close of trading on Sunday, by 0.32%, losing 5.64 points, to close at 1783.76 points, and the trading volume reached 4.3 million shares, with a value of 788.8 thousand Bahraini dinars. GFH Financial Group, Khaleeji Commercial Bank, National Bank of Bahrain, Ahli United Bank, by 2.91%, 1.06%, 0.48%, 0.42%, respectively, then the basic materials sector, with a decrease of 9.19%, under pressure that the shares of Aluminum Bahrain decreased by 0.25 %.

The industrial sector also declined by 7.54%, under pressure of a decline of the Bahrain Aluminum Company by 0.25%, then the luxury consumer goods sector by a decrease of 4.78%, under pressure of a decline in the share of Bahrain Duty Free Shops Company by 0.33%, and IBM Terminals Bahrain by 0.31%.

Kuwait Stock Exchange

The Kuwait Stock Exchange also declined, during today’s trading session, as the general market index fell by 0.78%, losing 57.18 points, to close at 7260.82 points, and the first market index decreased by 0.78%, losing 62.02 points, to close at the level of 7,861.41 points, and the main market index decreased by 0.78%, losing 47.79 points, to close at 6093.22 points, and the Major Index 50 declined by 0.78%, losing 49.45 points, to close at 6272.73 points.

The trading volume at the close of transactions amounted to 494.1 million shares, with a value of 99.4 million Kuwaiti dinars, through the implementation of 18.8 thousand deals, and 9 sectors in the Kuwait Stock Exchange fell, led by energy by 4.94%, followed by the banking sector by 1.14%, followed by the real estate sector by 1.03%, then the financial services sector by 1%, then the consumer services and utilities sectors by 0.86% and 0.82%, respectively, then the communications sector by 0.68%, then the basic materials sector by 0.42%, and finally the consumer goods sector by 0.13%, while the industry, insurance and health care sectors increased by 1.33%, 1.27%, and 1.12%, respectively.

Qatar Stock Exchange

The general index of the Qatar Stock Exchange fell, at the close of trading today, Monday, by 0.63%, losing 75.40 points, to close at 11965.28 points, and the trading volume amounted to 120.1 million shares, worth 365.2 million riyals, through the implementation of 5737 deals, 40 shares declined, 4 shares rose, and 5 shares stabilized. .

Seven sectors on the Qatar Stock Exchange decreased, led by insurance by 0.97%, followed by the real estate sector by 0.73%, followed by the industries sector by 0.63%, then the banking and financial services sectors, goods and consumer services by 0.44%, 0.43%, respectively, and finally the transportation sector by 0.18% .

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