On Tuesday, the Gulf Cooperation Council (GCC) region saw mixed stock performance. While some markets rose, others fell. In the United Arab Emirates (UAE), the Abu Dhabi market index gained slightly, while the Dubai market index dropped. Meanwhile, Saudi Arabia’s TASI index recorded gains for a second consecutive session.
In Kuwait, the general index of the stock exchange also increased slightly. Bahrain’s general index also experienced a small increase in trading volume. However, Qatar’s index fell as certain stocks suffered declines. The Muscat Stock Exchange index remained stable and rose slightly.
Outside of the GCC region, Egypt’s leading stock index plummeted to its lowest level in four months on Tuesday. Most listed companies suffered losses, with Talaat Mostafa and Commercial International Bank among those affected by price drops.
