DUBAI, UAE – Gulf stock exchanges rose during Thursday’s trading session, except for the Kuwait Stock Exchange indices and the general index of the Qatar Stock Exchange, which fell by 2.52 percent, or 284.53 points.
Saudi stock exchange
The Saudi stock market’s general index, TASI, rose by 1.19 percent, that is by 126.73 points to close at 10,744.22 points, and the parallel market index Nomu increased by 0.72 percent, winning 136.99 points to close at 19232.76 points, with a trading volume of 186.4 million shares worth 5.2 billion riyals.
Fifteen sectors rose on the Saudi Stock Exchange, led by banks at 2.37 percent, capital goods 1.64 percent, energy 0.93 percent, consumer services and food production 0.83 percent and 0.8 percent, respectively.
Telecommunications and commercial services rose 0.67 percent and professional sectors 0.67 percent. Investment and financing sectors fell 0.9 percent, retail of luxury goods declined by 0.6 percent, health care 0.4 percent, and medicines fell 0.34 percent.
One hundred nineteen shares rose during Thursday’s trading session, led by SACO by 4.51 percent, Al-Jouf by 4.17 percent, Gulf Training by 3.95 percent.
A decline was seen in 87 shares, led by Ataa by 2.95 percent, then Al-Hammadi by 2.37 percent, then Salama 1.93 percent.
Al-Ahly share topped the list of the most active by value, amounting to 694.2 million riyals.
Dubai Stock Exchange
The general index of the Dubai Financial Market rose by 0.47 percent, or 15.73 points, to close at 3313.41 points at the end of Thursday’s trading session.
The trading volume reached 76.8 million shares, worth 209.7 million dirhams, thanks to 6,049 transactions for 40 shares.
The industry sector increased by 1.2 percent, followed by the real estate sector by 0.9 percent, the consumer goods sector by 0.44 percent, the services sector by 0.38 percent and public utility sectors by 0.33 percent.
The financial services sector by 0.01 percent, while the telecom industry fell by 0.35 percent.
Seventeen shares rose, led by Al-Firdous Holding Company which increased by 14.28 percent, Salik Company increased by 3.07 percent, and 16 shares fell, led by Al-Salam Bank Sudan, which decreased by 9.02 percent.
Dubai Insurance and Reinsurance Company-Aman decreased by 4.71 percent, Islamic Dubai Bank shares topped the list as the most traded in terms of value, with a volume of 9.1 million papers worth 49.6 million dirhams.
Abu Dhabi Stock Exchange
The Vadax 15 index rose 0.133 percent in the Abu Dhabi Stock Market at the end of the trading session on Thursday to close at the level of 10089.65 points, with the market capitalization closing at 2.550 trillion dirhams, and the trading volume amounted to 228.5 million shares worth 1.5 billion dirhams, by carrying out 18,146 transactions.
The real estate sector rose by 1.69 percent, the basic materials sector by 1.04 percent, the consumer goods and consumer discretionary sectors by 0.12 percent, and the utility sector fell by 0.85 percent.
Twenty-nine shares rose on the Abu Dhabi Stock Exchange, led by the share of Oredoo by 15 percent, followed by the share of Gulf Investment Company by 14.93 percent, followed by the share of Fujairah Cement Industries Company by 10.8 percent.
There were 31 shares which fell, led by Chimera Standard & Co and followed by the share of Abu Dhabi National Hotels Company.
The share of International Holding Companytopped the list of the most active and its value amounted to 236.1 million dirhams.
Qatar Stock Exchange
The Qatar Stock Exchange’s general index fell 2.52 percent at the end of the trading session on Wednesday, losing 284.53 points to close at 10990.21 points, and the trading volume reached 134.3 million shares, worth 606.1 million riyals through 24,613 transactions.
The insurance sector fell by 2.7 percent, followed by the real estate sector by 2.66 percent, the communications sector by 2.29 percent, the transportation sector by 1.94 percent, the industries sector by 1.73 percent, the banking and financial services sector by 1.32 percent.
The consumer goods and services sector increased by 0.68 percent.
Kuwait Stock Exchange
During Thursday’s trading session, the Kuwait Stock Exchange indices fell.
The general market index fell by 1.34 percent, losing 96.99 points to close at 7131.47 points.
The first market index fell by 1.57 percent, losing 126.17 points to close at 7895.29 points and the main market index fell by 0.43 percent.
The trading volume at the close of trading amounted to approximately 175 million shares, valued at 64.8 million Kuwaiti dinars, through the execution of 14,063 transactions.
Nine sectors on the Kuwait Stock Exchange fell, led by technology at 4.85 percent, followed by the industry sector at 3.94 percent, followed by the telecommunications sector at 1.61 percent, then the banking sector at 1.23 percent, then the real estate sector at 0.91 percent and financial services sector at 0.81 percent. The basic materials increased by 0.16 percent and insurance sector rose by 0.03 percent.