However, the indicator Dubai Financial Market It reached a ten-year high thanks to gains in the financial services and real estate sectors.
Stock movements
The market index rises Dubai The financial system rose by 0.6 percent to 4,761 points, which is its highest level in more than ten years.
The shares of Emirates NBD Bank, the emirate’s largest bank, increased 2.8 percent, while the Dubai Financial Market, the stock exchange operator, jumped 4.5 percent, which is the largest daily rise in more than a year and a half.
The index fell Abu Dhabi 0.2 percent.
The Saudi index fell 0.1 percent, ending a series of gains that lasted for three sessions, with most sectors recording losses.
The shares of the Saudi Arabian Mining Company (Maaden) fell by 1.1 percent, and the shares of Jabal Omar Real Estate Development fell by 2.3 percent.
The Qatari index rose 0.1 percent after volatile trading early in today’s session. Shares of Qatar National Bank, the largest bank in the Gulf, advanced 0.5 percent, and Oreed shares increased 1.5 percent.
Outside the Gulf region, Egypt’s leading stock index fell 0.3 percent.
