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Gulf markets plunge collectively last week - Daily News Egypt

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Gulf markets plunge collectively last week

The Saudi market fell slightly by 0.37% and closed at 6,543 points, recording an average daily trading value of 3.195bn Riyals


 

The Arab Gulf stock markets experienced a collective decline over the past week, contrary to its good performance during the previous week.

Dubai led the region wide decline by finishing 1.88% lower, recording 3,307.7 points, with an average daily trading value of AED 257.302m.

Abu Dhabi also declined by 1.35% and settled at 4,327.6 points, with an average daily trading value of AED 79.233m.

Muscat fell by 1.32% to reach 9,791 points, with an average trading value of 93.013m Riyals.

The Saudi market fell slightly by 0.37% and closed at 6,543 points, recording an average daily trading value of 3.195bn Riyals.

Kuwait ended its trading last week at 5,380.5 points, registering a decline of 0.29%, with an average trading value of 9.013m dinars.

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