Gulf stock markets closed mixed on Tuesday, with Oman leading regional gains, Saudi steady, and Qatar, Kuwait, and Bahrain ending lower
Gulf stock markets delivered a mixed performance on Tuesday, with Oman leading regional gains and Qatar recording the steepest decline, while Saudi Arabia and Kuwait posted marginal increases.
Saudi Arabia
The Saudi Stock Exchange Main Index (TASI) rose by 4.31 points to close at 11,596 points, supported by trading worth SR5.8bn ($1.55bn).
The Saudi Parallel Market Index (NOMU) fell by 113.9 points to 25,689.28 points, with more than four million shares traded for a total value of SR39m ($10.4m).
Kuwait
The Kuwait Bourse All Share Index gained 18.51 points, or 0.21 per cent, to reach 8,858.82 points.
Trading volume stood at 769.6m shares worth KWD 158m ($483m) across 36,887 transactions.
The Premier Market Index advanced 49.39 points (0.53 per cent) to 9,391.46, while the Main Market Index slipped 1.18 per cent to 8,478.29.
The Main 50 Index edged down 0.15 per cent to 8,853.77.
Qatar
The Qatar Stock Exchange (QSE) Index fell 90.03 points, or 0.83 per cent, to close at 10,745.92 points.
Total trading volume reached 117.7m shares, valued at QAR 371m ($101.8m) across 22,553 transactions.
Shares of 11 companies advanced, 33 declined, and 8 remained unchanged, with total market capitalisation standing at QR643.45bn ($176.8bn).
Oman
The Muscat Stock Exchange (MSX 30 Index) advanced 47.4 points, or 0.91 per cent, to close at 5,240.08 points, posting the region’s strongest gains.
Turnover surged 67.9 per cent from the previous session to OR60.65m ($157.5m), while market capitalisation increased 0.305 per cent to about OR30.51bn ($79.3bn).
Non-Omani investors recorded a net inflow of OR1.46m ($3.8m), reflecting continued international participation.
Bahrain
The Bahrain All Share Index slipped 0.21 points to 1,970.96 points, weighed down by declines in the financial and materials sectors.
The Bahrain Islamic Index fell 0.52 points to 940.05 points.
A total of 91 transactions were executed, with 3.99m shares traded, valued at BD 797,589 ($2.11m).
Trading remained concentrated in the financial sector, accounting for 91.48 per cent of total turnover.
Regional snapshot
Overall, GCC trading reflected muted investor sentiment as global oil prices and US market cues shaped regional performance.
Oman’s gains stood out amid strong foreign inflows, while Qatar’s broader declines weighed on the region’s composite momentum.
