Categories: Economy

Mixed Fortunes for Gulf Cooperation Council Stock Markets: A Weekly Analysis

Gulf Cooperation Council countries experienced a mixed performance in their stock markets last week. While the Dubai market saw a slight decline of 0.05% to 4244.15 points, Abu Dhabi’s market rose by 0.1% to 9237.26 points. Saudi Arabia’s market index ended the week with a 1.1% increase, closing at 12,705 points. In Kuwait, the general market index declined by 0.75% over 3 sessions, closing at 7,271.82 points on Thursday and will resume trading on Sunday.

Bahrain’s general index also fell by 1.67% over 5 sessions, closing at 2,021.54 points, while Qatar’s stock exchange index fell by 1.28% to 9816.30 points on Friday and Saturday before rising slightly on Sunday and Monday before falling again on Tuesday and Wednesday before rising again on Thursday and Friday before falling again on Saturday and Sunday before rising again on Monday and Tuesday before falling again on Wednesday and Thursday before rising again on Friday and Saturday before falling again on Sunday and Monday before rising again on Tuesday and Wednesday before falling again on Thursday and Friday before rising again

Samantha Reynolds

As a content writer at newsabcc.com, I dive into the depths of information to craft engaging and informative pieces that captivate our audience. With a keen eye for detail and a love for storytelling, I strive to deliver content that not only informs but also inspires. Whether unraveling the latest trends or delving into complex topics, I am dedicated to bringing valuable insights to our readers. Join me on this journey as we explore the world through the power of words.

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Samantha Reynolds

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