The Abu Dhabi Stock Exchange (ADX) will pay 33 billion dirhams in July

The Abu Dhabi financial market (ADX) turned in profits for July 33 ($ 8.98 billion) as the purchasing power of major stocks, including Aldar Properties, increased, with optimism as to medium-term results and government incentives. In front of investors.
The overall index jumped 6.8% to close at 5,317.90 points, against 4979,950 points to gain 337.95 points.
The market capitalization of the Abu Dhabi Stock Exchange increased by AED 32.7 billion to AED 541.97 billion from AED 509.28 billion last month.
The real estate sector index rose 21.4%, thanks to the 22.22% rise in Aldar Properties, the company's unveiling projects exceeding AED 5 billion.
The banking sector jumped 7.13%, with an 8.3% rise in the Islamic Bank of Abu Dhabi and a 7.6% rise in the first bank in Abu Dhabi.
The energy sector grew by 5.9%, with the share of ADNOC increasing by 2.26% as the company continued to perform well.
The telecommunications sector also recorded a gain of 3.36%, supported by Etisalat, which progressed in the same direction.
The investment sector grew by 5.01%, after Waha Capital's growth of 6.95%.
Trade of the month jumped to 4.14 billion dirhams, which represents 1.61 billion shares, against 3.5 billion dirhams for a volume of 0.747 billion shares.

Dubai market jumps to its biggest monthly pace

The Dubai financial market (DFM) recorded the strongest monthly gain in its history, thanks to strong foreign and institutional buying for stocks at low levels.
By the end of July, the overall index had risen 9.7% to 2,918.38 points, the highest monthly closing since May 2018.
The volume of trade reached 4.51 billion AED, or 3.16 billion shares, against 4.51 billion AED in 1.88 billion shares.
Emaar Properties, which closed up 23.71% to 5.53 dirhams, was the most traded stock at 1.11 billion dirhams.
Emirates NBD grew by 4.85% to 11.9% and Islamic Dubai from 4.11% to 5.32% and to 686.20 million AED.
The Dubai financial market (DFM) rose 33.09% to AED 0.945 (AED 155.4 million), after a second quarter profit.
The list included major stocks, such as Dubai Investments, which rose 8.73% to 1.37 AED and nearly 217.3 million AED.
Air Arabia rose 6.66% to AED 1,120, with a business figure approaching 116.4 million dirhams.
On the market value, it rose by 23.88 billion dirhams, against 353.16 billion dirhams at the end of last month, to close the meeting yesterday at 377.04 billion dirhams.

Bahrain Stock Exchange reaches monthly high in nine years

The Bahrain Stock Exchange (BSE) has reached the highest monthly level of the month of July for more than 9 years (in April 2010)
The overall market index rose 5.21% to 1547.68 points, against 1471.04 for the last level of Yueno, gaining 76.64 points.
It closed at the end of the month, the largest monthly close in almost three years, in January 2017.
The National Bank of Bahrain, which gained 0.14% during the month, Bahrain's terminals grew by 6.1%.
Al Ahli United also rose by 9.2%, Bahrain Aluminum by 2.13%, Bahrain and Kuwait by 14.28%.
In contrast, the seventh month of the year was reduced to 104.28 million shares, compared to 119.922 million shares last month.
And liquidity at the end of this month to 27.53 million dinars, against about 32.35 million dinars at the end of last month.
Ibrahim al-Failakawi, an badyst for the Arab and international financial markets, said the drop in exchange rates this month is due to holidays and holidays before Eid al-Adha, a period characterized by calm and the stagnation of daily transactions.
He confirmed that the contraction of the negotiation is temporary, highlighting the correction expected after the holidays of Eid al-Adha.
The market badyst is likely to increase the liquidity of the market until September, unless tensions in the region.
Bahrain Telecommunications Co. (Batelco) lost 0.26% during the month, as did GfH, down 0.8%.
The market value of the stock market in July, at 9.65 billion dinars against 9,22 billion dinars last month, with market gains of 430 million dinars.

Leaders are up at the Muscat flag at the close

MUSCAT – The benchmark closed up 0.16% to 3760.63 points, up 5.32 points from Tuesday's close.
The general index has supported the rise of its main shares yesterday: the National Bank, 3.8%, the Omani fish, 2.27% and Aridu, 1.72%.
The index rose, with the financial sector gaining 0.09%, Oman Finance 4.94% and Bank Dhofar 1.6%.
The financial sector of the Gulf was the biggest loser with a loss of 5.41%.
On the other hand, the industrial sector index fell by 0.92%, as Oman shares lost 4.76% and Rasout Cement lost 4.29%.
The service sector index remained unchanged from previous levels.
Trade volume yesterday at 17.29 million shares, against 13.66 million shares in the last session, brought the value of operations to 2.17 million riyals, against 1.69 million euros yesterday .
HSBC Bank Amman accounted the trading volume and value of yesterday with 5.85 million shares, worth about 690.27 thousand riyals.

Positive balance of Kuwaiti indices in July after a jump in trade

Kuwait's indices rose collectively in July: from 4.88% to 6,116.66 points, a gain of 284.53 points from the end of last June to 5731.67 points.
The first market index at the end of July, 5.76%, closing at 6744.08, with a gain of 367.06 points compared to the end of last June at the level of 6377.02 points.
The benchmark rose 2.41% in July, closing at 4881.61, gaining 115.08 points from the closing of 4,766.53 in June.
On the overall performance of the indicators this year, the indices rose 20.42%, gaining more than 1,000 points, the first market index 28%, gains close to 1,500 points and the main index of 3.02% , gaining 143 points.
Trade volume on the Kuwait Stock Exchange rose 78% to 4.68 billion shares in July, against 2.63 billion in June.
Liquidity increased 48.3% in July to reach 978.96 million dinars against 660.25 million dinars in June.
Monthly transactions on the KSE rose 66.8% in July to settle at 180.29 million euros, up from 108.09 million euros in June.

Saudi stock market down 1% in July

The general index of the Saudi stock market – TASI fell 1% in July and ended Wednesday.
The overall Saudi market index, the end of yesterday's transactions, the level of 8732.6 points, losing 89.14 points in July, compared with the level of 8821.8 points in June.
According to data from the Saudi stock market, the volume of transactions fell by nearly 6% to 2.528 billion shares in July, against 2.689 billion in June.
The value of trade over the last month yesterday, 12.9%, reached a record of 65,156 billion riyals, against 74,796 billion riyals the previous month.
In terms of sector performance, the green sector was dominated by 15 sectors of the Saudi market, led by food segmentation, which grew by 8.5%, followed by applications of 7.3% and trade and professional services. 5.1%.
While six sectors fell in July, media losses were 4.2%.
The main sectors of the Saudi market were mixed. The telecommunications sector alone grew by 3.8%, while that of basic materials and banks decreased by 2.8% and 1.8%, respectively.