Middle Eastern stock markets mostly close higher
Istanbul, October 28 (Hibya) - Middle Eastern markets showed a predominantly upward trend on Tuesday, October 27. Stock exchanges in Egypt, Qatar and Saudi Arabia led the gains, while markets in Bahrain and Oman recorded declines.
Most stock market indices across the Middle East ended the trading day higher. Egypt's EGX 30 Index rose 3.49 percent to 50,104.83 points, while Qatar's QE Index gained 3.37 percent to reach 9,150.83 points. In Saudi Arabia, the Tadawul All Share Index increased 2.30 percent to 9,986.45 points.
In the United Arab Emirates, the Dubai Financial Market Index climbed 1.96 percent, while the Abu Dhabi Index advanced 1.09 percent. Kuwait's stock market rose 0.66 percent, and Jordan's market gained 0.08 percent. Meanwhile, Oman's MSX 30 Index declined 0.14 percent, and the Bahrain All Share Index fell 0.29 percent.