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Most of the stock markets in the Gulf ended lower on Wednesday driven by losses in financial and energy shares. Energy stocks reeled from a fall in oil prices, which sent crude futures below $40 a barrel for the first time since June.
Brent crude inched lower by more than 5 percent on Tuesday after Saudi Arabia reduced its October selling prices.
The table below demonstrates the performance of major Gulf stock markets:
| Saudi Arabia’s benchmark index (Tadawul) | dropped 0.1% | 8,080 points |
| Abu Dhabi Securities Exchange’s (ADX) index | inched lower 0.2% to | 4,509 points |
| Dubai Financial Market’s (DFM) main share index | fell 0.6% to | 2,274 points |
| Qatar Stock Exchange’s (QE) Index | lost 0.5% | 9,713 points |
| Bahrain All Share Index (BSEX) | slipped 0.6% to | 1,395 points |
| Oman – Muscat Securities MSM 30 Index | declined 0.4% | 3,687 points |
| Kuwait Stock Exchange Index | went down 0.1% to | 5,813 points |
