Kuwait Stock Exchange Opens Week with Collective Gains Supported by Banking Sector
The Kuwait Stock Exchange begins the week with collective gains bolstered by the banking sector, along with improved liquidity and trading values.
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The Kuwait Stock Exchange begins the week with collective gains bolstered by the banking sector, along with improved liquidity and trading values.
Saudi market opens higher with TASI up 1.06% at 10,560.73 points, driven by Aramco and Al Rajhi's strong performances.
U.S. stocks rose sharply, led by tech gains and AI momentum; Oracle and Micron surged, while Nike fell over 11% due to weak revenues.
The German DAX index rose by 0.4% to close at 24,288 points, marking its highest level in a week, driven by central bank decisions and improved sentiment.
Canadian stocks hit record highs, driven by energy, mining, and banking sectors, despite some retail and tech declines.
British stocks rose to a weekly high, led by travel and precious metals, with FTSE 100 up 0.6% amid mixed sector performance.
US stock futures rise on rate cut hopes; Oracle's TikTok deal boosts tech stocks, while Nike faces pressure after weak earnings.
Canada's economy shows signs of recovery with a 1.2% retail sales increase and stabilized home prices in November.
UAE markets mixed: Dubai up 0.55% to 6114.32, Abu Dhabi down 0.33% to 9967.21. Gulf Navigation surged, Emaar and Emirates NBD fell.
Abu Dhabi Financial Market opens slightly lower at 10,000.33 points. Active trading with mixed stock performances noted.
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