MENA shares were mixed on Thursday’s session. Bahrain, and Qatar stock markets rose, while Dubai, Abu Dhabi, and Saudi Arabia stock markets fell.
Bahraini shares fell on Thursday, where the main index BAX rose by 0.09 percent to settle at 1,533.598. The Telecommunications Services sector was the top-performing sector, while the Consumer Cyclicals sector was the worst-performing sector.
In Qatar, Qatari equities ended today’s trading session in the green, as the primary benchmark QSI added 0.42 percent to finish the session at 9,918 boosted by the gains in the Healthcare, Telecommunications Services, and Industrials sectors.
Regarding oil news, U.S. Crude oil rose on Thursday to trade at $55.39 a barrel at 20:40 GMT while Brent oil rose to trade at $59.96 a barrel.
Saudi Stocks Exchange:
Saudi Arabia's stocks fell on Thursday. Saudi Arabia Main index (TASI) dropped by 0.74 percent and finished the session at 8,445.66 pressured by the losses in multiple sectors, especially the Telecoms, Technology, and Financials sectors.
In stocks news, Saudi Arabian Refineries Company SJSC was the best performer in the session after it’s share rose by 3.87 percent. On the other hand, Salama Cooperative Insurance Company SJSC was the worst performer of the session after its share slipped by 5.49 percent.
United Arab Emirates Stock Market:
United Arab Emirates' shares were lower on Thursday’s session.
Abu Dhabi equities finished today's trading session in the red, where Abu Dhabi's leading benchmark ADI fell by 0.03 percent to settle at 5,038.99 pressured by losses in Utilities, Healthcare, and Basic Materials sectors.
In stock news, United Arab Bank PJSC was the best performer in the session, after its share rose by 8.82 percent, while Gulf Pharmaceutical Industries PSC was the worst performer after its share tumbled by 10 percent.
In Dubai, the main index DFM dropped by 0.79 percent to settle at 2,768.85 pressured by the losses in the Telecommunications Services and Financials sectors.
In stocks news, Mashreqbank PSC was the best performer as the share rose by 5.80 percent, while Emaar Properties PJSC was the worst performer as the stock fell by 2.53 percent.
Egypt Stock Market:
Egypt's leading benchmark EGX30 fell by 0.17 percent on Thursday’s trading session, Egyptian blue chips finished the session at 14,333.16.
In stock news, Abu Dhabi Islamic Bank Egypt SAE surged by 4.57 percent, followed by Orascom Investment Holding SAE share that rose by 1.81 percent.
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