Stocks in the Gulf Region Take a Break for Eid al-Fitr

Most Gulf stock markets have entered the Eid al-Fitr holiday, with the exception of markets that opened on Monday with light trading. The UAE markets are closed for Eid al-Fitr until Shawwal 3. In Saudi Arabia, the stock exchange entered the Eid al-Fitr holiday on Monday and will resume trading on Sunday, April 14.

In Kuwait, the general market index fell 0.12% with a trading volume of 110.74 million shares worth 43.39 million dinars. The Kuwait Stock Exchange will suspend operations for Eid Al-Fitr from Tuesday, April 9, and resume on Sunday, April 14. The Bahrain General Index rose 0.07% with a trading volume of 770,170 shares worth 189,422 dinars.

In Qatar, the stock exchange index rose 0.14% to 9,924 points with a trading volume of approximately 315 million riyals. The Qatar Stock Exchange holiday begins on Eid al-Fitr from Tuesday, 04/9/2024, until Thursday, 04/11/2024, with official hours resuming on Sunday, 04/14/2024. In Oman, the Muscat Stock Exchange index rose 0.16% with a trading volume of 200.74 million shares worth 29.30 million riyals. The Muscat Stock Exchange will suspend operations for Eid Al-Fitr on Tuesday, April 9, and resume on Sunday, April 14.

Outside the Gulf region, the Egyptian Stock Exchange index “EGX 30” rose 1.25% to 28,503.75 points. High increases were seen in various sectors, while some sectors experienced declines. Additionally, information about insurance services in various counties within Texas is listed in the content.

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