Page 225 - SALIK PR REPORT ENGLISH AUGUST 2024

8/15/24, 9:41 AM Gulf markets rise amid global stock rally — TradingView News
Saudi Arabia's benchmark stock index TASI was up for a second consecutive

session, increasing 0.5%, with most of its constituents posting gains. Al Taiseer

Group 4 4143 climbed 6.8% and Middle East Pharmaceutical 4 4016 advanced
2.5%.

The Qatari benchmark index GNRI advanced 0.4%, helped by

communication, finance and materials sectors with the region's largest lender

Qatar National Bank QNBK rising 1.9% and telecom operator Ooredoo

ORDS climbing 3.9%.

However, Qatar Navigation QNNS slid 0.7% after the maritime and logistics

firm reported on Tuesday a slight dip in half-year net profit.

Outside the Gulf, Egypt's blue-chip index EGX30 was up 0.8%, with most

sectors in the green. Commercial International Bank COMI rose 1.2%, while
Misr Fertilizers Production MFPC surged 10.3% after it reported a 200% surge

in quarterly net profit.

SAUDI ARABIA TASI up 0.5% to 11,850

KUWAIT (.BKP) rose 1.3% to 7,716

QATAR GNRI added 0.4% to 10,108

EGYPT EGX30 gained 0.8% to 29,567

BAHRAIN BHBX up 0.4% to 1,941

OMAN (.MSX30) gained 0.5% to 4,683

ABU DHABI FADGI rose 0.6% to 9,226

https://www.tradingview.com/news/reuters.com,2024:newsml_L4N3K1135:0-gulf-markets-rise-amid-global-stock-rally/ 2/3