Rising Gulf Stock Markets, with the exception of Oman

On Wednesday, the stock markets in Gulf Cooperation Council (GCC) countries experienced varying levels of growth, with the exception of the Sultanate of Oman. In the UAE, both Abu Dhabi and Dubai market indices rose, with Abu Dhabi up 1.63% to 9,177.26 points and Dubai up 0.89% to 4,193.35 points. The main Saudi stock index, TASI, also saw a rise of 0.83% to 12,460.11 points, with substantial trades worth 8.1 billion riyals.

In Kuwait, the general index of the Kuwait Stock Exchange increased by 0.47% to 7,059.16 points, with a trading volume of 304.6 million shares. Bahrain’s general index rose by 0.16% to 2,026.96 points, with a trading volume of 1.41 million shares as well. The Qatar Stock Exchange index saw a slight increase of just over half a percent to 9622 points

By Sophia Gonzalez

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