The GCC market indices dropped on Sunday, impacted by the decline of the international markets, driven by increased US-Iranian tensions.
Tadawul All Share Index (TASI) - the largest regional benchmark - declined by more than 180 points one hour before today's close of trading to hover near the 8,200 level amid the retreat of most of the listed stocks.
Moreover, Kuwait Stock Exchange Index slid by more than 4%, while Dubai Financial Market General Index (DFMGI), Abu Dhabi Securities Market General Index (ADX), Qatar Exchange Index (DSM) and Bahrain Bourse All Share Index (BHSEASI), retreated by 1-3%.
Oman Stock Market index in turn was slightly down.
|
GCC Markets |
||
|
Market |
Level (point) |
Change (%) |
|
Saudi Arabia |
8212 |
(2.2%) |
|
Kuwait |
6692 |
(4.1%) |
|
Dubai |
2684 |
(3.1%) |
|
Bahrain |
1576 |
( 2.2%) |
|
Qatar |
10286 |
(2.1%) |
|
Abu Dhabi |
5028 |
( 1.4%) |
|
Muscat |
3993 |
( 0.3%) |
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