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Saudi, Dubai and Bahrain stock exchanges rise in Wednesday's session ... Abu Dhabi and Kuwait retreat


The Gulf stock markets varied, during trading on Wednesday, as the general index of the Saudi stock market "TASI" rose by 0.23%, winning 23.55 points to close at 10471.55 points, and the general index of the Dubai Financial Market rose by 0.95%, winning 26.72 points to close at 2825.22. Point, and the general index of the Bahrain Financial Market, by 0.06%, gaining 0.93 points, to close at 1538.96 points.

 

While the general index of the Abu Dhabi Stock Exchange declined by 1.03%, losing 68.59 points to close at 6564.31 points, and losing market capitalization 4.7 billion dirhams to close at 936.336 billion dirhams, and the Kuwait Stock Exchange indices declined under pressure of 11 sectors.

 


Saudi Stock Exchange

The general index of the Saudi stock market "TASI" rose, at the end of the trading session on Wednesday, by 0.23%, winning 23.55 points to close at 10471.55 points, while the parallel market index declined - growth by 2.21%, losing 537.52 points to close at 23730.43 points, and the trading volume reached 302.1 million shares worth 9.4 billion riyals.

 

16 sectors rose in the Saudi stock market, led by the pharmaceutical sector by 2.71%, followed by the health care sector by 1.65%, followed by the media and entertainment sector by 1.44%, then the real estate management and development sector by 0.98%, then the communications sector by 0.77%, then the production sector. Food by 0.75%, then the capital goods and consumer services sectors by 0.66% and 0.64%, respectively, then the luxury goods sector by 0.61%, then the basic materials sector by 0.45%, then the transport and real estate funds traded sectors by 0.41%, then the sector Investment and financing by 0.38%, while the applications and technology services sector decreased by 0.6%, then the public utilities sector by 0.29%, then the banking sector by 0.21%, then the energy sector by 0.17%, then the insurance sector by 0.12%.

 

105 shares jumped during today's trading session, led by "Nama Chemicals" by 9.92%, then by "Tabuk Agricultural" by 6.45%, then by "Sulaiman Al-Habib" by 5.54%, and 80 shares fell, on top of which is "Care" by 6.36% Then shares of "Alinma Tokyo" by 3.90%, then shares of "Borouge Insurance" by 3.20%, while the share of "Tabuk Agricultural" issued the most active list by value and amounted to 295.9 million Saudi riyals.

 


Dubai Stock Exchange

The general index of the Dubai Financial Market, at the end of the trading session on Wednesday, increased by 0.95%, winning 26.72 points to close at 2825.22 points, and the trading volume reached 155.3 million shares, achieving a value of 325.8 million dirhams through the implementation of 4956 transactions for 33 shares, and 5 sectors rose in the stock exchange Dubai was led by banks by 2.34%, followed by the investment and financial services sector by 1.29%, followed by the services sector by 1.25%, then the insurance and communications sectors by 0.4% and 0.34%, respectively, while the transport sector declined by 0.91%, then the goods sector by 0.91%. 0.74%, then the real estate sector by 0.5%.

 

Thirteen shares jumped on the Dubai Stock Exchange, at the conclusion of the session on Wednesday, led by Al Ramz Corporation for Investment and Development by 12.57%, then by Dubai National Insurance and Reinsurance Company by 4.76%, and 15 shares fell, on top of which was Emirates Refreshments Company by 6.17%, then share of the Company Ektitab Holding increased by 5.30%, while Emaar Properties topped the list of the most traded shares by value, with a volume of 22.3 million papers valued at 90.4 million dirhams.


Bahrain Stock Exchange

The general index of the Bahrain Financial Market increased, at the end of the trading session on Wednesday, by 0.06%, gaining 0.93 points to close at 1538.96 points, and the trading volume reached 2.4 million shares, valued at 646.05 thousand Bahraini dinars, and the Bahrain Stock Exchange the industrial sector rose by a growth rate of 9.42% driven by the rise of the company’s share. Aluminum Bahrain by 0.94%, then the investment sector by 0.16%, driven by the rise of GFH Financial Group by 0.55%, and the shares of BBK, APM Terminals Bahrain, rose 0.4% and 0.16%, respectively.

 

While the services sector declined by 1.7%, due to the pressure of Bahrain Telecommunications Company - Batelco by 0.17%, then the commercial banking sector by 1.18% due to the pressure of the shares of Khaleeji Commercial Bank by 1.96%, Al Baraka Banking Group by 0.94%, Ahli United Bank By 0.14%.


Abu Dhabi Stock Exchange

The general index of the Abu Dhabi Securities Market, at the conclusion of the trading session on Wednesday, decreased by 1.03%, losing 68.59 points to close at 6564.31 points, and the market capital lost 4.7 billion dirhams to close at the level of 936.336 billion dirhams, and the trading volume reached 189.2 million shares worth 1.5 billion AED by executing 3973 transactions.

 

5 sectors on the Abu Dhabi Stock Exchange fell, led by the banking sector by 1.78%, followed by the telecommunications sector by 1.08%, followed by the insurance sector by 0.41%, then the energy sector by 0.31%, then the consumer goods sector by 0.13%, while the investment and financial services sector increased by 0.13%. 0.42%, then the services sector by 0.29%, then the real estate and industry sectors by 0.22% and 0.21%, respectively.

 

 

18 shares rose on the Abu Dhabi Stock Exchange, led by "National Marine Dredging Company" by 4.22%, then "Al Qudra Holding Company" by 3.33%, then "Abu Dhabi Ship Building Company" by 2.5%, and 19 shares declined, led by the share of "Union Company" Insurance "by 10%, then the" Fujairah Cement Industries Company "by 9.91%, then the" Gulf Medical Projects Company "by 9.87%, while the" International Holding Company "issued the most active list by value, amounting to 649.3 million dirhams.


Kuwait Stock Exchange

The Kuwait Stock Exchange indices declined, at the end of the trading session on Wednesday, as the general market index declined by 0.48%, losing 29.98 points to close at 6241.17 points, and the first market index fell by 0.41%, losing 28.14 points to close at 6783.96 points, and the main market index fell by 0.68 % Losing 35.32 points to close at 5181.51 points, and the main 50 index fell by 0.47%, losing 25.33 points to close at 5418.57 points.

 

The volume of trading at the close of transactions amounted to about 344.7 million shares worth 49.9 million Kuwaiti dinars through the implementation of 13.6 thousand deals, and 11 sectors fell on the Kuwait Stock Exchange, led by technology by 4.04%, followed by the insurance sector by 2.28%, followed by the basic materials sector by 1.69%, then the services sector. Consumption sector by 1.55%, then the financial services sector by 1.16%, then the energy sector by 0.87%, then the real estate sector by 0.64%, then the utilities and banking sectors by 0.4% and 0.39%, respectively, then the telecommunications sector by 0.29%, then the sector Healthcare, by 0.12%, while the consumer goods and industry sectors rose 1.41% and 0.06%, respectively.

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