Gulf stocks had mixed performance in final trading days of the week

Stock markets in the GCC countries had mixed performances during the weekend session on Thursday.

In the UAE, the Abu Dhabi Market Index rose 0.43% to 9,303.41 points, the highest level since March 26, and the Dubai Market Index rose 0.21% to 4,237.65 points, the highest level since April 4. The UAE stock market still has Friday trading sessions until the end of the trading week.

In Saudi Arabia, the main Saudi stock index TASI fell 0.62% to 12,026.21 points, with a turnover of 6.3 billion riyals. The stock trading volume was 277 million shares.

The Kuwait General Market Index fell 0.07 points to 7,154.88 points. Stock trading volume reached 162.12 million shares worth 39.2 million dinars through 13,524 cash transactions.

The Bahrain General Index fell 0.16% to 1,975.11 points with 500,689 shares worth 92,865 dinars traded.

The Qatar Stock Exchange Index fell 0.39% to 10,098.36 points, with market trading volume reaching approximately 302 million riyals.

The Muscat Stock Exchange index rose 0.05% to 4,656,582 points on a volume of 2.86 million riyals.

Outside the Gulf region, the Egyptian Stock Exchange was closed on Thursday to celebrate the July 23, 2024 Revolution. The stock exchange will resume work on Sunday, July 28, 2024.