Page 12 - UNION PROPERTIES GENERAL REPORT - July 2024
P. 12
Gulf equities reverse losses in
June
Gains led by Qatar and Abu Dhabi bourses
by
Somshankar Bandyopadhyay
The FTSE ADX index recorded its first monthly gain during the year to close the month at 9,060.73 points. —
File photo
Published: Mon 1 Jul 2024, 8:58 PM
Gulf equities reversed months of losses to end the month of June in the green,
research showed on Monday.
According to Kamco Invest’s GCC Markets Monthly Report for June, after three
consecutive months of decline, the GCC index monthly performance witnessed its
first monthly gain during June 2024 amid mixed market performance in the region.
The gains were primarily led by Qatar and Abu Dhabi, which rose seven per cent and
2.2 per cent respectively.
https://www.khaleejtimes.com/business/markets/gulf-equities-reverse-losses-in-june
