{"id":100174,"date":"2023-08-01T09:40:43","date_gmt":"2023-08-01T07:40:43","guid":{"rendered":"https:\/\/investmentbell.com\/?p=100174"},"modified":"2023-08-23T15:01:15","modified_gmt":"2023-08-23T13:01:15","slug":"collective-monthly-gains-for-the-gulf-markets-supported-by-the-results-of-banks-and-oil-prices-and-egyptian-indices-recorded-slight-losses-in-july","status":"publish","type":"post","link":"https:\/\/investmentbell.com\/vi\/news\/market-overview\/collective-monthly-gains-for-the-gulf-markets-supported-by-the-results-of-banks-and-oil-prices-and-egyptian-indices-recorded-slight-losses-in-july\/","title":{"rendered":"M\u1ee9c t\u0103ng chung h\u00e0ng th\u00e1ng c\u1ee7a c\u00e1c th\u1ecb tr\u01b0\u1eddng v\u00f9ng V\u1ecbnh, \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi k\u1ebft qu\u1ea3 c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng v\u00e0 gi\u00e1 d\u1ea7u\u2026 v\u00e0 c\u00e1c ch\u1ec9 s\u1ed1 c\u1ee7a Ai C\u1eadp \u0111\u00e3 ghi nh\u1eadn nh\u1eefng kho\u1ea3n l\u1ed7 nh\u1eb9 trong th\u00e1ng B\u1ea3y"},"content":{"rendered":"<ul class=\"wp-block-list\">\n<li>The Saudi market is rising for the second month in a row<\/li>\n\n\n\n<li>Qatar Stock Exchange index achieves the highest monthly gain in a year<\/li>\n\n\n\n<li>Kuwait First Index rises for the second month in a row<\/li>\n\n\n\n<li>The Dubai Market Index achieves the highest monthly gain since November 2021<\/li>\n<\/ul>\n\n\n\n<p>Saudi Market:<\/p>\n\n\n\n<p>The main market index declined by 0.8% in Monday&#8217;s session, down for the third consecutive session, amid liquidity amounting to about 5.9 billion riyals.<\/p>\n\n\n\n<p>The pressure mainly came from stc&#8217;s share falling by more than 4% to its lowest level in two months, despite the group&#8217;s announcement of a 6% increase in profits in the second quarter and its recommendation to distribute a dividend of 0.4 riyals per share for this period.<br>The National Bank\u2019s share also decreased by 2.9%, recording the largest daily loss in more than 4 months, despite its announcement last week of positive results for the second quarter of 2023.<\/p>\n\n\n\n<p>On the other hand, Aramco&#8217;s share rose by 0.3%, supported by the gains in oil prices and the rise in Brent crude prices to levels of $85 per barrel.<\/p>\n\n\n\n<p>The Statistics Authority announced today, Monday, that the growth of the Saudi economy has slowed down to 1.1%, due to pressure from the decline in oil activities during the second quarter of this year.<\/p>\n\n\n\n<p>Over the course of the month, the Saudi index rose by about 2% in July, recording its second consecutive monthly gain.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/backend.admin.prod.cnbcarabia.com\/s3Content\/39c663451b.png\" alt=\"\" title=\"\"><\/figure>\n\n\n\n<p>Egypt Stock Exchange:<\/p>\n\n\n\n<p>Egyptian indices closed with slight gains in Monday&#8217;s session, amid liquidity amounting to about 2.1 billion pounds.<\/p>\n\n\n\n<p>The 30-year-old index rose by 0.2%, up for the second consecutive session, supported by the rise in i-Finance share by 1.6%, recording its highest closing in 6 weeks, in addition to the rise in Abu Qir Fertilizers share by 0.4%.<br>The seventieth index rose by 0.4%, recording its highest closing in 3 weeks, to close at 3530 points.<\/p>\n\n\n\n<p>The data showed that Egyptians and Arabs recorded a net sale of 81 and 40 million pounds, respectively, compared to a net purchase of 121 million pounds for foreigners.<\/p>\n\n\n\n<p>Throughout the month, the 30-year-old index declined by 0.4% in July after rising by 1% in June, and the 70-year-old index declined by 0.1% in July after 3 consecutive months of gains.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/backend.admin.prod.cnbcarabia.com\/s3Content\/a995a21b48.png\" alt=\"\" title=\"\"><\/figure>\n\n\n\n<p>Other Gulf markets:<\/p>\n\n\n\n<p>The Qatar Stock Exchange index continued its upward trend in the Monday session, rising by 0.1%, recording gains for the 14th session in a row, to achieve its highest close in 6 months, supported by the rise in Qatar National Bank by 0.5%, to its highest level in more than two months.<br>Over the course of the month, the Qatari index rose by 8.8% in July, achieving the highest monthly gain in a year.<\/p>\n\n\n\n<p>Whereas, the Kuwait First Index declined by 0.4% in Monday&#8217;s session, pressured by the decline in the shares of Al-Watani and Arzan by 0.6% and 2%, respectively.<br>Over the course of the month, the first index rose by about 3.2% in July, achieving gains for the second month in a row.<\/p>\n\n\n\n<p>In the UAE markets, the FTSE Abu Dhabi index rose by 0.3% in the Monday session, achieving its highest close in 3 months, supported by the rise in the First Abu Dhabi share by more than 1%.<br>Over the course of the month, the index rose by around 2.5% in July, marking gains for the second month in a row.<\/p>\n\n\n\n<p>The Dubai market index rose by 0.55% in Monday&#8217;s session, recording its highest closing since August 2015, supported by the rise in the shares of Emaar Properties and Emirates NBD by 0.6% and 2.4%, respectively.<br>Over the course of the month, the index rose by more than 7% in July, marking the highest monthly gain in 20 months.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/backend.admin.prod.cnbcarabia.com\/s3Content\/e6fda10e98e.png\" alt=\"\" title=\"\"><\/figure>\n<div class=\"rate-now\"><span id=\"rate-mypost100174\"><\/span> <span id=\"rate-points\"> 0<\/span><\/div>\n\t\t\t<script type=\"text\/javascript\">jQuery('#rate-mypost100174').raty({\n\t\t\t\thalfShow : true,\n\t\t\t\thalf: true,readOnly: true,score: 0,\n\t\t\t\tpath: \"https:\/\/investmentbell.com\/wp-content\/plugins\/userpro-rating\/images\/\"\n\t\t\t\t});<\/script>","protected":false},"excerpt":{"rendered":"<p>Saudi Market: The main market index declined by 0.8% in Monday&#8217;s session, down for the third consecutive session, amid liquidity amounting to about 5.9 billion riyals. The pressure mainly came from stc&#8217;s share falling by more than 4% to its lowest level in two months, despite the group&#8217;s announcement of a 6% increase in profits [&hellip;]<\/p>","protected":false},"author":13,"featured_media":100181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[],"class_list":{"0":"post-100174","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-overview-news"},"_links":{"self":[{"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/posts\/100174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/comments?post=100174"}],"version-history":[{"count":2,"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/posts\/100174\/revisions"}],"predecessor-version":[{"id":145570,"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/posts\/100174\/revisions\/145570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/media\/100181"}],"wp:attachment":[{"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/media?parent=100174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/categories?post=100174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investmentbell.com\/vi\/wp-json\/wp\/v2\/tags?post=100174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}