The report, issued on Wednesday, stated that Dubai market It was also the best performing stock market in the Gulf Cooperation Council countries during the month of September, with gains reaching 4.1 percent.
What I achieved Abu Dhabi Market The securities gain about 1.5 percent.
The report pointed out that most markets Gulf stocksIt achieved growth in its performance over the past month, supported by gains in global financial markets during the second half of September.
He also pointed out that the Morgan Stanley Gulf Index recorded gains of 1.2 percent during September, which reflects the positive performance of five out of seven stock exchanges.
And it rose Qatar Stock Exchange By 4 percent, the Bahrain Stock Exchange 2.8 percent, and the Saudi Stock Exchange “TASI” 0.7 percent.
The report explained that the Dubai market index continued its growth for the fourth month in a row, achieving the largest monthly gains in the GCC markets, thanks to the growth of the financial sector index by 3.6 percent and the real estate index by 3.1 percent, while the communications sector witnessed a strong jump of 11.1 percent, recording the highest growth rate. For this month, the consumer goods and public utilities indices followed with growth of about 5.7 percent and 5.2 percent, respectively.
