Arab financial markets witnessed a difference in the performance of their main indices at the end of Ramadan trading.
The Saudi Stock Exchange index ended the trading sessions in the month of Ramadan in the green, with the main index rising by 0.69%, closing at 12,705.42 points, gaining 86.8 points during Ramadan.
In contrast, the main Egyptian Stock Exchange index EGX 30 declined to end the trading sessions in the month of Ramadan, down by 13.41%, closing at 28,503.75 points, losing 4,416 thousand points during the month.
Despite the geopolitical tensions, the Palestine Stock Exchange index came at the forefront of the Arab stock exchanges in terms of the percentage increase, achieving 20.48% higher, and closing at 659.98 points.
The Casablanca Stock Exchange index rose by 3.36%, the Bahrain Stock Exchange index rose by 1.23%, and the Abu Dhabi Securities Exchange index rose by 0.03%.
In terms of decline, the Kuwait Stock Exchange index came in second place after the Egyptian Stock Exchange during the month, as it declined by 11.72%, the Tunisian Stock Exchange index by 6.6%, and the Qatar Stock Exchange index by 3.04%.
The main index of the Iraq Stock Exchange also declined during the month of Ramadan by 2.61%, the Amman Stock Exchange index by 2.39%, the Muscat Stock Exchange index by 1.32%, and the Dubai Financial Market index by 0.21%.
