Gulf markets briefing 01/05/2023

By Sama Mousa On May 1, 2023

The majority of the Gulf markets closed high with the Saudi main index, TASI, being the only low index during the day’s trade. The index fell by -0.20 percent to 11,285.61, losing 22.16 points. It recorded a day high value of 11,325.87 and a day low value of 11,245.44.

Abu Dhabi’s main index, FSTE ADX General, rose by 0.394 percent to 9789.17, to gain 38.42 points. It recorded a day high value of 9819.85 and a day low value of 9745.53.

Dubai’s main index, DFM, rose by 0.821 percent to 3544.79. It recorded a day high value of 3558.5 and a day low value of 3511.46.

QE All Shares, the Qatari main index, climbed by 0.94 percent to 3,429.90. The index recording a day high value of 3,429.90 and a day low value of 3,400.62.

Boursa Kuwait 50 inched up by 0.545 percent to 5638.36. It recorded a day high value of 5663.8 and a day low value of 5597.59.