Saudi Stock Exchange Reaches Highs for 4 Years



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It weighs Saudi market 2.9% in the index "FTSE Russell"Year emerging markets, and this year's market will also join the" MSCI "index for emerging markets, and is also looking for entries of about 20 billion inactive funds," Reuters ".

The main index of Saudi Arabia rose 0.8%, with an increase in shares Al Rajhi Bank And Riyad Bank 2.2% each.

Al Ahsa Development shares rose 2.9% after the company published an update of its acquisition of Salam Medical Services.

In United Arab Emirates, The Abu Dhabi General Index rose 0.6%, with a 1.3% increase for Abu Dhabi First and ADCB.

ADCB shareholders have agreed to merge with Union National Bank, whose shares have remained unchanged.

The Dubai index fell 0.6%, after four consecutive years of gains, the decline in real estate DAMAC being 2.8%.

In the Egyptian Stock Exchange, The benchmark closed up 0.4%. On October 6, development and investment (SODIC) rose 4.7% after signing a contract with the new authority of urban communities.

In Kuwait, The index of the first market rose by 1.3%, shares of heavyweight Kuwait Finance House being listed at 3.7%.

The title has progressed over the previous three sessions, after the chairman of Kuwait Finance House said that the technical auditing process of the acquisition of Bahrain's Ahli Bank United Bank could be completed by two to three weeks.

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Saudi Arabia occupies 2.9% of the FTSE Russell Emerging Market Emerging Markets Index market, which will join this year's MSCI Emerging Markets Index and seeks to obtain funds of around 20%. billions of inactive funds, announced Reuters. "He said.

The main index of Saudi Arabia rose by 0.8%, Al Rajhi and Riyadh Bank growing by 2.2% each.

Al Ahsa Development shares rose 2.9% after the company published an update of its acquisition of Salam Medical Services.

In the United Arab Emirates, the Abu Dhabi index rose 0.6%, while Abu Dhabi First and ADCB gained 1.3% each.

ADCB shareholders have agreed to merge with Union National Bank, whose shares have remained unchanged.

The Dubai index fell 0.6%, after four consecutive years of gains, the decline in real estate DAMAC being 2.8%.

In the Egyptian Stock Exchange, The benchmark closed up 0.4%. On October 6, development and investment (SODIC) rose 4.7% after signing a contract with the new authority of urban communities.

In Kuwait, The index of the first market rose by 1.3%, shares of heavyweight Kuwait Finance House being listed at 3.7%.

The title has progressed over the previous three sessions, after the chairman of Kuwait Finance House said that the technical auditing process of the acquisition of Bahrain's Ahli Bank United Bank could be completed by two to three weeks.

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