The capital markets of Gulf countries continued their increase over the past week. The increase, however, was at a slower pace compared to previous weeks.
Abu Dhabi Securities Exchange (ADX) rose by 2.25% while Saudi Stock Exchange (Tadawul) increased by1.21%.
Qatar Stock Exchange (QSE) rose by 1.54% and it was followed by Dubai Financial Market (DFM), which inched up by 1.04%.
Muscat Securities Market (MSM) increased by 0.98%, while Kuwait Stock Exchange (KSE) increased by 0.88%.
Two week ago, the increase in DFM was 4.75%. ADX came in second place with a 4.21% increase while Tadawul followed with a 4.01% increase. MSM, KSE, and QSE also surged by 2.69%, 1.34%, and 0.72%, respectively.