Home StocksArab Gulf markets briefing 03/05/2023

Gulf markets briefing 03/05/2023

by Sama Mousa
Gulf markets

The majority of the Gulf markets closed high on Wednesday with Dubai’s main index, DFM, rising by 0.06 percent to 3577.77. The index gained 2.21 points, recording a day high value of 3586.01  and a day low value of 3566.58.

Boursa Kuwait 50 soared by 0.35 percent to close at 5606.82, after it gained 20.01 points. It recorded a day high value of 5637.56 and a day low value of 5567.56.

Qatar’s main index, QE All Shares, inched up by 1.54 percent to 3,502.39. The index gained 52.99 points, recording a day high value of 3,507.66 and a day low value of 3,443.12.

The Saudi main index, However, dropped by -1.38 percent to 11,063.70. TASI lost 154.91 points, recording a day high value of 11,159.39 and a day low value of 11,039.16.

Abu Dhabi’s main index as well fell by a percentage of 0.25 percent. FTSE ADX General closed at 9644.95, and lost 24.18 points. It recorded a day high value of 9680.7 and a day low value of 9644.9.

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