Last week, the stock markets in Gulf Cooperation Council (GCC) countries experienced mixed performances. While some indices rose, others fell. In Dubai, the market index saw a slight decline of 0.05% to 4244.15 points, while Abu Dhabi’s market rose by 0.1% to 9237.26 points. The Saudi market index ended the week with a 1.1% increase, closing at 12,705 points. On the other hand, Kuwait’s general market index declined by 0.75% over three sessions and closed at 7,271.82 points on Thursday before trading resumed on Sunday.
Bahrain’s general index also fell by 1.67% over five sessions and closed at 2,021.54 points last week while Qatar’s stock exchange index fell by 1.28% to reach a new low of 9816.30 points as of Friday evening after trading was halted due to technical issues that affected several GCC exchanges in recent days including Bahrain Bourse and Muscat Stock Exchange in Oman among others . However, Oman’s Muscat Stock Exchange saw an increase of 0.16%, ending the week at 4680