The stock markets of the Gulf have mixed in one week. UDPE continues to climb for the fifth week

(MENAFN – Youm7) The Gulf stock markets had a mixed week, with the Dubai Stock Exchange advancing for the fifth week in a row to reach its highest level since last August. The Qatar Stock Exchange continued to reduce its losses following the decision of Qatar Central Bank to reduce its interest rates.

Dubai Stock Exchange
The general index of the Dubai Stock Exchange rose 1.74% to close at 2900.39 points for the fifth week in a row, led by Emaar Properties which announced the signing of a preliminary agreement for the implementation implementation of a project at Beijing International Airport.

The volume of the Dubai stock exchange reached 733.78 million shares, with a market value of 1.11 billion AED and a market capitalization of 5.8 billion euros, for a total of 375.361 billion AED.

The main sectors of the Dubai stock exchange, starting with real estate, rose by 2.7%, followed by the 4.2% rise in Emaar shares, followed by the investment sector of 1.8%. %, followed by the telecommunications sector by 1.6%, followed by the banking sector by 1.2%.

Bahrain Stock Exchange
The general index of the Bahrain Stock Exchange, during the week's sessions ended, rose 1.76%, winning 26.87 points, closing at 1549.58 points.

The Bahrain Stock Exchange traded 5.43 million shares for a value of 21.47 million KD through 562 transactions.
Commercial banks and services rose 3.11%, followed by BBK (6%), Ahli United Bank (3.7%) and Services (1.33%).

Kuwait Stock Exchange
The Kuwait Stock Exchange (KSE) indexes rose over the past week, driven by a sector rebound.

The general index of the Kuwait Stock Exchange rose 0.76%, gaining 46.22 points to close at 6080.24, the first index of 0.7% and the main index of 0.94%.

The trading volume on the Kuwait Stock Exchange represented 1.36 billion shares, worth 194.43 million euros, and the stock market gained 261 million dinars to close at 35.455 billion dinars.

Qatar Exchange
Qatar's general stock market index fell by 2.2% to 233.65 points, closing at 10,377.63 points, while market capitalization lost 11.7 billion riyals to settle at 573.151 billion. riyals, down 2%.

The volume of trading on the Qatar Stock Exchange amounted to 342,371 million shares for an amount of 867,862 million riyals, thanks to the implementation of 25,233,000 transactions, 35 companies fell, 10 companies have increased and settled a single action.

The real estate sector was the most traded sector, down 3.18%, followed by the industrial sector with 3%, followed by the transport sector by 2.20%, followed by the banking and banking sector. 1.66%, Telecommunications Monitoring (0.65%).

Saudi Stock Exchange
The broad Saudi equity market index ended the week with a loss of 1.7%, closing at 8666.39 points, versus 3.29% for the parallel markets index.

The volume of transactions on the Saudi Stock Exchange amounted to 489.29 million shares, worth 12.82 billion riyals.

The general index of the Saudi stock market fell by 4.5%, followed by the utilities sector by 4%, followed by the banking sector by 2.3%, followed by the basic materials sector by 2.2% while long-term commodity prices increased by 3.5% Food production by 1.7%, followed by telecommunication sector by 0.2%.

MENAFN0208201901320000ID1098838221