The UAE stock markets have narrowed its declining trend which was witnessed early Monday; the benchmark index of Abu Dhabi Securities Exchange (ADX) closed at 4,085 points after it dropped 15 points to settle at 4,069 points.
Dubai Financial Market (DFM) closed at 2,942 points after it lost 31 points to settle at 2,911 at the beginning of the trading session.
Moreover, Saudi Stock Exchange’s benchmark index gained 0.28% to settle at 6,108 points at 10:40 GMT, following the declining trend to 5,968 points.
Noteworthy, a series of decline controlled the Arab markets by the end of the previous week, due to the severe drop of Chinese stocks as well as the 14-year low oil prices.