Wed 20 Aug 20/2025 – 05:50 PM
Most of the Gulf stock exchanges were closed on Wednesday, affected by the decline in global markets, as this decline comes in light of the investors’ anticipation of the statements of the Federal Reserve Chairman (the US Central Bank), Jerome Powell, at the annual Jackson Hall symposium, as American monetary policy directly affects the Gulf markets due to the linking of most of the region’s currencies to dollars.
Gulf markets are recorded varying losses
In Qatar, the Qatari index of the fourth consecutive session fell by 1.6%, with the continued profit processes, and all shares fell on the index, including the share of Qatar Islamic Bank, which decreased by 2.9%.
The record index in Dubai fell by 0.5%after a series of gains, and most sectors witnessed losses, and Emaar Real Estate shares fell by 1%, while Emirates NBD’s share decreased by 1.3%.
The main index in Abu Dhabi decreased by 0.1%, affected by the decrease in the share of Abu Dhabi Islamic Bank by 0.9%and ADNOC drilling arrow by 2%.
While the Saudi standard index remained stable, as the gains of the shares of the financial services and consumer goods sector compensated for other losses.
Al -Rajhi Bank’s share increased by 0.9%, while SABIC and Akoa Power fell by 2.6% and 1.2%, respectively.
The main index in the Sultanate of Oman increased by 0.4%, and in Bahrain by 0.3%, while the main index in Kuwait decreased by 0.3%.
The leadership stock index in Egypt decreased by 1%, with almost all shares, the most prominent of which is the Commercial Bank of the International Bank and the food of food.
