Gulf markets briefing 16/05/2023

The Gulf markets closed low on Tuesday with the Saudi main index, TASI, dropping by -0.22 percent to 11,206.02 losing 24.18 points.

Dubai’s main index, DFM, closed at 3506.88 after it fell by -0.52 percent and lost 18.55 points.

Abu Dhabi’s main index, FTSE ADX General, inched down by -0.24 percent to 9448.47 losing 22.82 points.

QE All Shares, the Qatari main index, dropped slightly by -0.07 percent to 3,517.73 after it lost -2.53 points.

Boursa Kuwait 50 lost 18.49 points and closed at 5499.47 after it fell by -0.33 percent.