Gulf and Arab stock exchanges today witnessed a notable divergence in their performance, with some markets closing with slight increases while others recorded limited declines. This performance comes amid noticeable activity in liquidity movement and increased trading volumes, reflecting the continued engagement of investors with regional and global economic developments that affect the market trajectory.
In the UAE, Gulf stock exchanges showed mixed results as the Dubai Financial Market index closed down 0.68% at 5999.68 points, affected by the performance of some leading stocks. On the other hand, the Abu Dhabi Securities Exchange index rose by 0.27% to reach 10063.62 points, supported by banking and energy stocks that bolstered the market gains.
Meanwhile, in Qatar, the Qatari stock market continued to support its position among the rising Gulf exchanges, closing its index up by 21.61 points, equivalent to 0.19%, reaching 11121.58 points. The value of trading reached about 542.9 million Qatari riyals through more than 24 million shares executed in over 25 thousand transactions.
In Kuwait, the Kuwaiti stock market recorded a limited positive performance with its general index rising by 6.33 points, or 0.07%, to close at 8822.64 points. Trading volume exceeded 448 million shares worth 102.5 million Kuwaiti dinars, reflecting the continued momentum of liquidity in one of the most active Gulf exchanges in recent times.
The Jordanian stock exchange also closed its transactions today with a rise of 0.85% at 3072.52 points. The trading value reached about 13.9 million Jordanian dinars through more than 4500 transactions, reflecting improved investor sentiment in Arab markets outside the Gulf.
In Bahrain, the general market index fell slightly by 3.68 points to close at 1932.75 points, affected by declines in the financial and basic materials sectors. Despite this decline, the Bahraini stock exchange remains stable among the Gulf exchanges with quieter trading compared to larger markets.
These results indicate that Gulf and Arab stock exchanges are moving within a balanced range between gains and selective buying, amid investor anticipation of economic developments and global oil prices, which remain the most significant factor in determining market direction.
