Gulf Markets Reflect Mixed Trends as Year-End Nears

According to TradingEconomics data and regional market movements, Gulf stock indices showed mixed performance on December 11, 2025, amid varying liquidity conditions and growth expectations among the regional countries. Meanwhile, some Gulf currencies experienced notable movements against the dollar.

Saudi Market Continues to Decline Amid Selling Pressures

The main Saudi stock index (TASI) dropped to 10,703 points, down by 0.21% compared to the previous session. Over the month, the index fell 4.90%, while it declined 11.54% over the year. This performance reflects ongoing pressures on Saudi stocks due to a slowdown in risk appetite and falling oil prices, along with factors related to major corporate valuations.

UAE Markets: Marginal Rise in Abu Dhabi and Strong Momentum in Dubai

Abu Dhabi Market (ADX General): The index rose to 9,983 points (+0.02%). Over the month, it decreased 0.11%, while it recorded an annual growth of 7.63%, reflecting moderate trading and ongoing confidence in major companies.
Dubai Financial Market (DFM): It closed at 6,085 points (+0.15%). In the past four weeks, it increased 0.72%, and over the year, it surged 26.47%, making it one of the best-performing regional markets in 2025. TradingEconomics forecasts that the index may reach 5,908 points by the end of the quarter and 5,688 points within the year.

Qatari Riyal Gains Against the Dollar

The USD/QAR exchange rate fell to 3.6234, down 0.52% from the previous session. Over the month, the riyal rose 0.59%, and by 0.29% over the year, indicating stability in local liquidity and an increase in the trade surplus.

Kuwaiti Stocks Continue to Rise Supported by Confidence and Liquidity

The Kuwait All Share Index rose to 9,015 points (+0.06%). Over the month, it increased 1.09%, while it achieved a significant annual jump of approximately 23.06%, driven by improved investment appetite and foreign portfolio inflows.

EcoPulse24 Analysis: A Look at the Gulf Landscape

These movements reflect several key trends:
1) The Saudi market faces ongoing pressures amid falling oil prices and volatility in major corporate valuations.
2) UAE markets - especially Dubai - show strong resilience driven by foreign liquidity and vital sectors.
3) Qatar registers monetary stability, boosting investor confidence.
4) Kuwait leads Gulf performance with exceptional increases throughout 2025.
Conclusion: The Gulf markets are ending the year with varying trajectories, facing pressures in Saudi Arabia, momentum in Dubai and Kuwait, and monetary stability in Qatar.