The performance of Gulf stocks varied on Sunday, ahead of the Eid al-Fitr holiday, during which both the UAE markets and the Saudi Stock Exchange entered.
In the Emirates, the markets went on holiday until Shawwal 3.
Saudi Arabia
The Saudi Stock Exchange entered the Eid Al-Fitr holiday, with trading to resume on Sunday, April 14, 2024.
Kuwait
The general market index on the Kuwait Stock Exchange fell 1.05% to 7,195.53 points, through the trading of 86.07 million shares, worth 31.77 million dinars.
The highest increase was: Ahli 1.20%, Zain 1.03%, Commercial Real Estate 0.78%, Human Soft 0.6%, Mizan 0.56%, compared to a decline
Gulf B 3.61%, Al Imtiaz Investments 3.35%, Integrated Holding 3.05%, Agility Warehousing 2.96%, Al Borsa 2.9%.
There is still one session before the Kuwait Stock Exchange on Monday, before the Eid Al-Fitr holiday begins on Tuesday, April 9, and official working hours will resume as usual, starting from Sunday, April 14, 2024.
the two seas
The Bahrain Stock Exchange general index fell 0.03% to 2,020.89 points, through the trading of 1.13 million shares, worth 326,520 Bahraini dinars.
The highest increase was Bahrain Commercial Facilities Company 9.69%, Khaleeji Bank 1.06%, Aluminum Bahrain 0.72%, Bank of Bahrain and Kuwait 0.41%, compared to a decline in Gulf Hotels Group 3.49%, Al Salam Bank 0.97%, National Bank of Bahrain 0.93%, and Bahrain Telecommunications Company. And wireless 0.60%.
Qatar
The Qatar Stock Exchange index rose 0.96% to 9,910.16 points, and the market trading volume reached approximately 306 million riyals.
The highest increase was: Qatar and Oman Investment 4.40%, National Leasing 3.86%, Ooredoo 3.57%, Inma 2.61%, Gulf International Services 2.58%, compared to a decline in Miqdam Holding Group 3.18%, Mesaieed Petrochemical Holding 0.97%, Commercial Bank 0.86%, and Al-Faleh Educational. Holding 0.52%, Gulf Takaful Insurance 0.39%.
Sultanate of Oman
The Muscat Stock Exchange index rose 0.34% to 4,696.73 points, through the trading of 362,419 shares, worth 42,024 riyals.
The highest increase was: Voltamp Energy 9.82%, Oman Telecommunications 2.37%, SMN Power Holding 1.25%, Sohar International Bank 0.90%, Raysut Cement 0.80%, OQ Gas Networks 0.69%, compared to a decline in Bank Muscat’s perpetual category bonds by 0.28%.
Egypt
Outside the Gulf region, the Egyptian Stock Exchange index, EGX30, fell 1.24% to 28,151.66 points.
The highest increase was: Misr Aluminum 17.30%, Delta Printing and Packaging 11.40%, Arab Aluminum 10.23%, Egyptian Chemical Industries – KIMA 8.18%, Cairo Oils and Soap (Subscription Right) 8%, compared to a decline in Marseilia Egyptian Gulf Real Estate Investment 12.43%, Talaat Group. Mustafa Holding 6.62%, ESB Securities Brokerage Assets 6.09%,
Construction and Engineering Consultations 5.61%, Aspire Capital Holding for Financial Investments 5.21%.
It was decided that the Eid al-Fitr holiday on the Egyptian Stock Exchange will be on Tuesday, April 9, 2024, until Sunday, April 14, 2024, with work on the Egyptian Stock Exchange resuming on Monday, April 15, 2024.