Page 146 - AAE GENERAL REPORT - March 2024
P. 146
3/22/24, 2:55 PM Major Gulf bourses end mixed; Egypt extends slide
Commercial International Bank COMI.CA and Talaat Mostafa Group TMGH.CA dropped 3.6% and
6.3% respectively, while E-Finance EFIH.CA 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.TASI rose 0.3% to 12,804
KUWAIT .BKP fell 0.5% to 8,074
QATAR .QSI was down 0.3% to 10,228
EGYPT .EGX30 dropped 1.4% to 28,676
BAHRAIN .BAX ended flat at 2,036
OMAN .MSX30 gained 1.3% to 4,831
ABU DHABI .FTFADGI up 0.1% to 9,259
DUBAI .DFMGI lost 0.1% to 4,273
https://www.xm.com/research/markets/allNews/reuters/major-gulf-bourses-end-mixed-egypt-extends-slide-53794032 2/2