‎GCC markets drop, Saudi stocks see sharpest fall

‎GCC markets drop, Saudi stocks see sharpest fall ‎GCC markets drop, Saudi stocks see sharpest fall

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A GCC market trading hall

Gulf stock indices saw a collective decline today, April 6, trailing similar drops in global and oil markets after China imposed retaliatory tariffs on the US.

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Saudi Arabia’s benchmark TASI plunged more than 700 points in early session to below 11,200 points.

Qatar, Kuwait, Muscat, and Bahrain also posted declines.

Stock markets in the UAE are closed today for the weekend.The following table shows the GCC markets’ performance today:

Gulf Markets’ Performance

Market

Level (Points)

Change (%)

Saudi Arabia

11,162

(6.1%)

Qatar

9,658

(5.6%)

Kuwait

8,127

(5.4%)

Muscat

4,272

(2.2%)

Bahrain

1,929

(0.5%)

 

A GCC market trading hall

Gulf stock indices saw a collective decline today, April 6, trailing similar drops in global and oil markets after China imposed retaliatory tariffs on the US.

Saudi Arabia’s benchmark TASI plunged more than 700 points in early session to below 11,200 points.

Qatar, Kuwait, Muscat, and Bahrain also posted declines.

Stock markets in the UAE are closed today for the weekend.The following table shows the GCC markets’ performance today:

Gulf Markets’ Performance

Market

Level (Points)

Change (%)

Saudi Arabia

11,162

(6.1%)

Qatar

9,658

(5.6%)

Kuwait

8,127

(5.4%)

Muscat

4,272

(2.2%)

Bahrain

1,929

(0.5%)

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