Economy Country March 05, 2025

Stock Performance Variance in GCC Countries

Stock performance varied across the Gulf Cooperation Council countries on Tuesday, reflecting fluctuating market conditions and investor sentiment.


Stock Performance Variance in GCC Countries

Stocks in the countries of the Soviet Union of the Persian Gulf demonstrated a mixed trend on Tuesday. The Kuwait Stock Exchange index KSE 60 decreased by 0.2% to 6738.93 points. The most successful company was "Zain Kuwait", whose shares rose by 1.3%. At the same time, the UAE index (ADX) in the United Arab Emirates fell by 0.3% to 6785.08 points. The largest loser of the day was "Aldar Properties", whose shares dropped by 1.7%. Meanwhile, the Bahrain All Share index also showed a decline of 0.4%, falling to 1521.42 points. However, the Saudi Arabia index (Tadawul) demonstrated a positive trend, rising by 0.2% to 11482.44 points. Supporting the index were the shares of "Saudi Basic Industries", which increased by 0.6%. Thus, the situation in the stock markets of the various Soviet states of the Persian Gulf was not uniform on that day.