The Abu Dhabi Securities Exchange recorded the best performance at the global level since the beginning of 2021, after achieving 52.6% gains in 9 months, while the Dubai Financial Market gains reached 14.2%.
According to Al Bayan newspaper, the Saudi market came in second with 32.3% gains, followed by the Kuwait market with 23.8%, Bahrain 14.5%, Qatar 10.1% and Muscat 7.8%.
Observers believe that the gains of local stock markets since the beginning of this year come with main support from the improvement in investor sentiment and confidence in the national economy and its ability to face the challenges arising from the "Covid-" pandemic. 19”, especially with its return to recovery again and recording high growth rates.
It is expected that the local markets will continue to record a strong performance in the last quarter of this year, driven by many positive factors and stimuli, especially the launch of the "Dubai Expo 2020".
