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Middle East Stock Market Closing Report | Dubai Stock Market Closes Down Over 3.6%, Saudi Aramco Up About 3.8% This Week, Israel Stock Market Down Over 4.8% Cumulatively
On Thursday (March 12), the Saudi Stock Exchange All Share Index closed down 0.45%, at 10,893.27 points. It has increased a total of 1.09% over the past five consecutive days, showing an overall M-shaped trend. Saudi Aramco (ARAMCO.AB) closed down 1.10%, at 26.86 Saudi Riyals, with a weekly gain of 3.79%. The Albilad South East Asia MSCI Hong Kong China Stock ETF listed on the Saudi market closed flat at 11.68 Saudi Riyals, up 1.39% for the week. This week, the Tel Aviv Stock Exchange 35 Index in Israel fell 4.82%, the Qatar Exchange Index fell 1.99%, and the Kuwait Stock Exchange Supermarket Price Return Index rose 0.64%. The Egyptian Exchange EGX 30 Index declined 0.86%, at 46,790.96 points, down 1.53% for the week. On Thursday, the Dubai Financial Market General Index fell 3.64%, and the Abu Dhabi Securities Market General Index declined 2.32%. The Istanbul Stock Exchange National 100 Index in Turkey rose 0.65%, while the Istanbul Stock Exchange Banking Index fell 2.01%.