Gulf markets briefing 18/05/2023

The majority of the Gulf markets closed low on Thursday with Dubai’s main index, DFM, dropped by -0.28 percent. The index lost 10.32 points to close at 3555.5.

Abu Dhabi’s main index, FTSE ADX General, fell by -0.18 percent to 9508.67 after it lost 17.3 points.

The Qatari main index inched down by -0.12 percent and lost 4.35 points to close at 3,584.85.

Boursa Kuwait 50 dropped by -0.68 percent to close at 5407.65 and lost 37.51 points.

TASI, the Saudi main index, soared by 0.59 percent to 11,344.40 and gained 66.80 points.