$ 11.6 billion gains in Gulf stock markets in one week



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Gulf market capitalization increased $ 11.6 billion to $ 1,052 billion in the week ending Thursday.

Gulf stock markets gained 1.1% in the week ending yesterday. The Saudi market outperformed the market gains by 2.7% and MSM by 2.3%.

The market value of the Saudi stock market rose by about $ 13 billion, ending the week at $ 499.9 billion, against $ 486.9 billion last week.

The general index of the Saudi stock market "TASI" rose 2.4% by the end of the week to reach the point of 7835.5 points.

The securities market of Muscat came second in terms of earnings: it rose 2.3% to $ 1.1 billion during the week, reaching $ 47.8 billion, against 46, $ 7 billion the previous week.

The Muscat benchmark rose 0.19% to close at 4,442.9 points.

The Kuwait Stock Exchange (KSE) posted gains of $ 0.4 billion, up 0.5% to $ 94.2 billion from $ 93.8 billion last week.

The gains in the Kuwaiti market, despite the performance of various indicators during the week and low trading rates.

For the Qatari market, it rose 0.1%, with gains of $ 0.2 billion, and its market value reached $ 158.1 billion, against $ 157.9 billion the previous week.

Market gains were not included in Qatar's overall index, which fell 0.39% to 39.6 points, or 10153.4 points.

While the Bahrain Stock Exchange fell 0.6%, losing more than $ 0.1 billion and registering a level of $ 21.5 billion, against $ 21.6 billion last week.

The Bahraini general index fell 0.6% to close at 1315.5 points at the end of the week that ended yesterday.

The market value of the Dubai Stock Exchange fell 0.7%, down $ 0.7 billion to $ 98.2 billion from $ 98.9 billion last week.

The Dubai index closed Thursday, down 0.06%, to record the level of 2736.4 points, to complete the series of declines of the week

The Abu Dhabi Stock Exchange lost more than $ 2.2 billion in market capitalization, down 1.6% to $ 132.4 billion in the week ending yesterday, from $ 134.6 billion dollars the week before.

The Abu Dhabi Stock Exchange (ADX) was the biggest loser in four months. The benchmark fell 2.1% to close at 4,882.3 points, down 106.5 points over the week.

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