Performance of Gulf stock markets varied over the past week. The Kuwait Stock Exchange (KSE) rose by 1.29%, recording an average daily trade volume of KD 7.236m.
The Qatar Stock Exchange (QSE) followed in second, having closed at 10,652.3 points and an average trade volume of QR 181.6m per day.
The Muscat Securities Market (MSM) rose by 0.62%. It closed at 5,854.4 points, achieving an average daily trading value of OMR 13.342m.
The Abu Dhabi Securities Exchange (ADX) came in fourth with an increase of 0.08%, registering 458.9 points and a daily average trading value of AED 135m.
On the other hand, Saudi Arabia’s stock exchange fell by 1.49% over last week’s trading. It closed at 6,335.6 points and a daily average trading volume of SR 3.9bn.
The Dubai Financial Market (DFM) also dropped by 0.7%, closing at 3,519.3 points and an average trading value of AED 82.92m.