The Dubai Stock Exchange is the only loser in the Gulf stock exchanges

Economy and stock exchange

The Gulf bourses closed higher Monday, with the exception of the Dubai bourse, which fell under the pressure of falling stocks leading by Emaar, and the banking sector "password" in the rise of most stock exchanges.

Saudi Stock Exchange

The general index of the Saudi stock market "Tasi", ending Monday's trading, rose by 0.26% winning 21.78 points to close at 8381.97 points, while the parallel market – growth of 1.47% losing 50.88 points to close at 3413.59 points.

The volume of trading on the Saudi Stock Exchange closed at 116.4 million shares valued at 3.7 billion riyals, the shares of 98 companies, while 72 companies declined.

Followed by the services sector by 2.03%, followed by the applications and technical services sector by 1.53%, followed by the utilities sector by 1.47%, followed by the commercial and professional services sector by 1.36%, followed by the energy sector By 1.34%, followed by the long-term commodities sector by 1.27%.

Saudi Pipes topped the green list on the stock exchange with a growth of 9.97%, followed by safflums by 5.90%, followed by Bupa Arabia by 5.29%, while the shares of "Ma'aden" red list down by 9.55% and then Al-Jawf by 4.29% By 3.97%.

Kuwait Stock Exchange

KUWAIT: The Kuwait Stock Exchange [KSE] ended the session on Monday with the rise of seven sectors, led by banks and real estate.

The general market index gained 0.66% to close at 5628.67 points. The index rose 0.8% to close at 6090.54 points. The benchmark index gained 0.29% to close at 4734.14 points.

Trading on 95.3 million shares worth KD 22.5 million was exchanged through 4,764 transactions.

The real estate sector rose 0.74%, followed by the insurance sector that rose by 0.62%, followed by the financial services sector by 0.49%, followed by the telecommunications sector by 0.44% , Followed by Consumer Services [0.30%], Basic Materials [1.24%] and Industrial [0.49%].

"Moashy" topped the green list on the stock exchange with a growth of 8.89%, followed by "Ann" by 7.84%, Inovest by 7.20%, while the shares of "Bayan" red list down 10% and then Eid by 10%, then equipment By 9.27%.

Bahrain Stock Exchange

Bahrain Financial Market Index rose 0.20% to close at 1413.12 points, led by the rise in commercial banks and services.

The Bahrain Stock Exchange [BSE] closed on Wednesday with 4.3 million shares worth BD 963,000.

Bahrain's commercial banking sector led the market with a growth of 11.38%, led by Ahli United Bank that gained 0.63%. The services sector gained 1.04%, led by Bahrain Telecommunications Co [0.30%].

Dubai Stock Exchange

Meanwhile, the general index of the Dubai Financial Market closed at the end of trading on Monday, recording a loss of 0.26%, or 6.76 points, to close at 2575.04 points.

Turnover was 81.8 million shares, with a total value of 124.4 million dirhams, through 2429 transactions on 32 stocks, while 11 rose, 20 losers and 1 share.

The sectors that led the decline were the services sector that gained 1.17%, followed by the real estate sector with 0.71%, the investment sector by 0.51%, followed by the transport sector by 0.25%, the telecommunications sector by 0.20%, and the banking sector by 0.01%. The insurance sector increased by 3.19% and the goods sector by 1.84%.

Al Salam Bank Sudan was the top gainer, rising 6.42%, followed by Dar Takaful [6.16%]. Al-Madina Finance and Investment Company [8.89%] and International Financial Advisors [4.60%].

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