Gulf markets briefing 22/05/2023

By Sama Mousa On May 22, 2023

The majority of the Gulf markets closed low on Monday with the Saudi main index, TASI, dropping by -0.11 percent. The index reached a closing value of 11,329.19 after it lost 12.63 points.

Boursa Kuwait 50 fell by -0.37 percent to 5387.34 losing 20.31 points.

QE All Shares, the Qatari main index, inched down by -0.07 percent to 3,590.03, after it lost 2.46 points.

DFM, Dubai’s main index, soared by 0.13 percent and gained 4.77 points to close at 3549.3.

Abu Dhabi’s main index, FTSE ADX General, inched up by 0.51 percent to 9527.42, gaining 48.73 points.