Gulf Stock Markets Experience Mixed Performance, While Qatar and Oman Remain Unscathed

Gulf stocks see red as Saudi index drops 1%

On Wednesday, the majority of stocks in the Gulf Cooperation Council countries declined, with only Qatar and Oman experiencing positive growth. In Abu Dhabi, the index fell 0.196% to 8,982.21 points, while Dubai’s market index dropped 0.74% to 3,979.18 points. Emaar Properties lost 1.16%, Dubai Islamic dropped by 0.7%, and Emirates NBD lost 1.5%. The Saudi index also saw a decline for the third day in a row, falling by 1.05% to 11,651.81 points, with trades amounting to 10.38 billion riyals

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