GCC markets achieve a positive performance in April

Mubasher: The GCC markets saw a positive performance during April, as the S&P GCC Index gained 4.4%, compared to 2.3% in March, Kuwait Financial Centre (Markaz) reported on Saturday.

The Boursa Kuwait achieved 2.2% returns in April and the general index marked fourth successive monthly growth.

All the GCC markets grew during the last months except the Muscat Securities Market (MSM), which declined 1%.

Boursa Kuwait’s All-Share Market index went up 0.22% or 12.2 points to close April at 5,630 points, compared to 5,617.82 points in March. The Premier Market gained 1.01% or 60.5 points.

Abu Dhabi Securities Exchange (ADX) recorded a positive performance during April, backed by both the energy and telecom sectors. The main index of ADX grew 3.5% or 153.1 points to reach 3,543.53 points.

Mubasher Contribution Time: 04-May-2019 13:10 (GMT)
Mubasher Last Update Time: 04-May-2019 13:10 (GMT)