Page 141 - AAE GENERAL REPORT - March 2024
P. 141
3/22/24, 2:53 PM Mideast Stocks: Major Gulf bourses end mixed; Egypt extends slide
Outside the Gulf, Egypt's blue-chip index fell for a third consecutive session, ending 1.4%
lower and with most sectors in the red. Commercial International Bank and Talaat Mostafa
Group dropped 3.6% and 6.3% respectively, while E-Finance surged 10.6%. The World
Bank said on Monday it intends to provide more than $6 billion of support over the coming
three years to Egypt, which has been struggling with a foreign currency crunch and gaping
budget and balance of payments deficits.
SAUDI ARABIA rose 0.3% to 12,804
KUWAIT fell 0.5% to 8,074
QATAR was down 0.3% to 10,228
EGYPT dropped 1.4% to 28,676
BAHRAIN ended flat at 2,036
OMAN gained 1.3% to 4,831
ABU DHABI up 0.1% to 9,259
DUBAI lost 0.1% to 4,273
(Reporting by Md Manzer Hussain Editing by Mark Potter)
MIDDLE
EAST
MARKETS
UAE
QATAR
SAUDI
ARABIA
BAHRAIN
OMAN
KUWAIT
EQUITIES
https://www.zawya.com/en/markets/equities/mideast-stocks-major-gulf-bourses-end-mixed-egypt-extends-slide-ghyjtpbn 3/3
