Gulf bourses are red at the close of the week

Economy and stock exchange

The Gulf bourses closed at the close of Sunday's trading session, and Qatar Stock Exchange continued to bleed for the fifth session in a row, and the Saudi bourse continued its decline.

Qatar Exchange

Qatar Stock Exchange [KSE] fell by 0.99% to close at 9928.22 points.

Trading on the Qatar Exchange was trading at 7.5 million shares valued at 119.3 million Qatari riyals through 3,708 transactions, 3 shares rose, 38 declined and 4 stocks settled.

, Followed by the real estate sector [2.12%], followed by the telecommunications sector [2.12%], the insurance sector [1.73%], the banking and financial services sector [1.11%], And then the Industries sector by 0.42%.

Bahrain Stock Exchange

Bahrain Financial Market [BSE] ended the week's session with a loss of 0.60%, closing 8.57 points at 1427.71 points, under pressure from the sectors of commercial banks, services and investment.

The Bahrain Stock Exchange closed at 2.1 million shares with a total value of BD 437 thousand.

Bahrain Commercial Bank led the decline in the Commercial Banks sector by 29.58%, led by Ahli United Bank which fell 1.21%, Al Salam Bank-Bahrain by 1.21%, National Bank of Bahrain by 0.79% and Services by 4.13% By 0.60%, and the Investment sector by 2.17%, under the pressure of JFH Financial Group falling by 1.89%.

Dubai Stock Exchange

The general index of the Dubai Financial Market, ended Sunday's session, the beginning of the week, by 1.60%, losing 42.71 points to close at 2629.90 points.

Trading volume reached 99.2 million shares at a total value of AED 121.9 million. The index gained 1809 shares and 33 shares inclined while 24 shares declined and 6 shares settled.

, Followed by Insurance [4.74%], Investment [3.55%], Banks [1.90%], Real Estate [1.36%], Transportation [0.62%], and Services [0.23%]. %.

Al-Madina for Finance and Investment topped the list by 2.21%, Emaar Development Co by 1.40% and Amtitab Holding by 10% and Islamic Arab Insurance by 8.40%.

Kuwait Stock Exchange

Kuwait Stock Exchange [KSE] ended the week's trading session with the closing of 10 sessions.

The general market index decreased by 1.92%, losing 111.21 points to close at 5691.99 points. The index of the first market shed 2.22%, losing 139.96 points to close at 6163.19 points. The benchmark index lost 1.09%, losing 52.45 points to close at 4778.75 points. .

Trading on 131.3 million shares worth KD 34.1 million was exchanged through 5627 transactions.

The sectors that led the decline were the oil and gas, followed by the oil and gas [2.33%], telecommunications [1.70%], consumer services [1.47%], basic materials [1.46% , Followed by Industry [1.19%] and Real Estate [1.16%].

Al-Taameer was the top performer on the list with a growth of 11.31%, followed by Future Kid [9.71%], Yupak [8.85%] and Energy House [18.78%]. By 10.50%.

Saudi Stock Exchange

The general index of the Saudi stock market "Tassi", ended the trading session Sunday, the beginning of the week, by 2.06%, losing 182.28 points to close at 8674.066 points, and the index of the parallel market – growth of 0.44% losing 15.44 points to close at 3493.30 points.

Trading volume on the Saudi Stock Exchange closed at 11.7 million shares valued at 2.7 billion riyals, while 16 companies advanced, while 172 declined.

The real estate sector was followed by the real estate sector by 3.92%, followed by the telecommunications sector by 3.32%, the capital goods sector by 2.58%, the consumer services sector by 2.51%, and the luxury goods sector by 2.49%, followed by health care by 2.14%, followed by banking by 2.11%, and services and services by 2.10%.

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