Mubasher: A new report by Kuwait Financial Centre (Markaz) showed that stock markets in the Middle East and North Africa (MENA) region saw a positive performance in November.
Hermes Financial Index (HRMS) gained 36.6%, followed by Tadawul All Shares Index (TASI) which added 16.4%, according to the report.
The Kuwaiti Market Index Price and Market Index Weight also increased by 3.7% and 2.8% respectively.
The Qatar Stock Exchange (QSE) main index was the only decliner as it fell by 3.7%.
On 30 November, The Organization of the Petroleum Exporting Countries (OPEC) approved, during the meeting held in Vienna, to cut daily output by 1.2 million barrels to reach around 32.5 million barrels by next January.
