Middle East Stock Market Closing Report | Saudi Stock Market fell by 5.9% in February, Aramco fell by about 3.3%, and the Egypt stock market rose by over 3.2%
In February, the Saudi Stock Exchange's main index fell by 5.91%, closing at 10709.04 points. It opened significantly lower on February 1st, but remained stable above 11000 points until February 18th, when it started to decline. Saudi Aramco fell by 3.26% to 24.96 Saudi Riyals, showing an overall M-shaped trend with a sharp drop of 3.03% on February 26th. The Albilad Southern Dongying MSCI Hong Kong China Stock ETF listed in Saudi Arabia fell by 0.97% to 12.29 Saudi Riyals. The Egyptian Stock Exchange EGX 30 index rose by 3.25% to 49212.83 points, reaching a record high of 52308.32 points on February 15th and 52821.72 points on February 16th. The Qatar Stock Exchange index fell by 2.51% to 11055.18 points. The Kuwait Stock Exchange Supermarket Price Return Index rose by 0.50% to 9169.52 points. The Dubai Financial Market General Index fell by 1.06%, while the Abu Dhabi Securities Market Comprehensive Index rose by 1.12%. The Turkey Istanbul Stock Exchange National 100 Index fell by 0.87%, while the Istanbul Stock Exchange Bank Index rose by 1.34%. The Tel Aviv Stock Exchange 35 Index rose by 1.95%.
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