GCC stock markets achieve collective gains in weekly transactions

6/11/2016 6:08:50 PM

(MENAFN- Daily News Egypt) Gulf Cooperation Council (GCC) stock markets achieved gains during the past week due to oil price settlement above $50.

Dubai Financial Market (DFM) achieved a high growth rate of 3.31% and closed at 3,371 points, reaching weekly transactions of AED 2.1bn.

Qatar Stock Exchange rose by 3.19% and closed at 9,837 points, recording transactions of QR 911.153m.

Abu Dhabi Securities Exchange also rose by 2.97% and closed at 4,395 points, with total transactions of AED 1.404bn.

The Saudi Stock Exchange rose by 1.82% and closed at 6,607 points, with total transactions worth SR 21.77bn.

Kuwait Stock Exchange rose by 0.62% and closed at 5,407 points, with total transactions worth KD 34.820m.

Muscat Securities Market (MSM) rose by 1.14% and closed at 5,886 points, recording total transactions of OMR 19.716m.

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