
On the first day of the week, stocks of companies from the Soviet Union of the Persian Gulf showed a divergent movement. The most noticeable increase was shown by the stocks of companies from Saudi Arabia, while stocks of other countries in the region decreased.
As reported, the TASI index in Saudi Arabia rose by 1.5 percent. Meanwhile, the stock indices of Kuwait and Oman fell by 0.3 percent and 0.9 percent respectively. The exchanges of Bahrain, Qatar and the UAE also experienced slight losses.
Experts note that such divergence in stock movements is explained by various factors, including influences from global markets, the political situation, and also internal economic factors of each of the countries.