Gulf markets briefing 17/05/2023

The Gulf markets closed high on Wednesday with the Saudi main index, TASI, rising by 0.64 percent to 11,277.60. The index gained 71.58 points, recording a day high value of 11,277.60 and a day low value of 11,187.16.

Dubai’s main index, DFM, rose by 1.61 percent to close at 3565.82, gaining 56.72 points. The index recorded a day high value of 3565.82 and a day low value of 3503.57.

FTSE ADX General, Abu Dhabi’s main index, soared by 0.53 percent and gained 50.31 points. It closed at 9525.97, recording a day high value of 9525.97 and a day low value of 9452.32.

The Qatari main index, QE All Shares, inched up by 2.03 percent and gained 71.47 points to close at 3,589.20. It recorded a day high value of 3,589.20 and a day low value of 3,530.72.

Boursa Kuwait 50 fell by -1.08 percent to 5445.16 losing 56.56 points. It recorded a day high value of 5506.22 and a day low value of 5430.48.