Gulf markets briefing 17/05/2023

By Sama Mousa On May 17, 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.