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Arab stocks markets resume rising last week

2008-07-06

Most of Arab stocks markets closed their transactions last week rising up; eight market indices had advanced while four indices had retreated according to the weekly report of Kuwait national bank. The Qatari stock exchange came first in the advanced market, which in its turn increased by %2.4, followed by the Lebanese and Jordanian market where they both gained by %2.20. UAE stock markets also followed by winning %1.7 increase, then the Palestinian securities exchange and Omani stock market that had increased by %1.3 followed. Bahraini index ascended by %0.9 and the Tunisian stock market also increased by %0.5. The Egyptian stock exchange was the biggest loser when its index had fell back by %1.7, and then the Kuwaiti and Saudi Arabian indices followed by losing %1.2, the Moroccan market index was the least loser by %0.3.