The Saudi Stock Exchange topped the Gulf stock markets in terms of gains during the holy month of Ramadan, with the stock index rising 0.68%, closing at 12,705.42 points last Thursday before entering the Eid al-Fitr holiday, compared to 12,618.62 points at the close of the March 10 session.
In second place was the Bahrain General Index, which rose 0.32% during Ramadan, closing at 2,022.31 points at the end of the April 8, 2024 session, compared to 2,015.68 points at the end of the March 10, 2024 session.
The Abu Dhabi Market Index came in third place in terms of gains, which rose by 0.03% during Ramadan to the level of 9,237.26 points.
On the other hand, the Dubai market index declined in Ramadan by 0.2% at 4244.15 points.
In the Sultanate of Oman, the Muscat Stock Exchange index declined 1.32% during Ramadan, closing at 4,696.81 points at the end of the April 8, 2024 session, compared to the close of the March 10 session at 4,759.82 points.
In Qatar, the Qatar Stock Exchange index declined 3.03% during Ramadan, closing at 9,924 points at the end of the last session of the month, compared to 10,235.1 points at the end of the March 10 session.
In Kuwait, the general market index on the Kuwait Stock Exchange declined 3.30% during Ramadan, closing at 7,187.13 points at the end of the last sessions of the month, compared to the close of the March 10 session at 7,433.04 points.