Key Gulf stock markets end lower on Wednesday
Most of the stock markets in the Gulf ended lower on Wednesday driven by losses in financial and energy shares. Energy stocks reeled from a fall in oil prices, which sent crude futures below $40 a barrel for the first time since June.
Brent crude inched lower by more than 5 percent on Tuesday after Saudi Arabia reduced its October selling prices.
The table below demonstrates the performance of major Gulf stock markets:
| Saudi Arabia’s benchmark index (Tadawul) | dropped 0.1% | 8,080 points |
| Abu Dhabi Securities Exchange’s (ADX) index | inched lower 0.2% to | 4,509 points |
| Dubai Financial Market’s (DFM) main share index | fell 0.6% to | 2,274 points |
| Qatar Stock Exchange’s (QE) Index | lost 0.5% | 9,713 points |
| Bahrain All Share Index (BSEX) | slipped 0.6% to | 1,395 points |
| Oman – Muscat Securities MSM 30 Index | declined 0.4% | 3,687 points |
| Kuwait Stock Exchange Index | went down 0.1% to | 5,813 points |
