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| Fears of global recession intensified as Japan's exports touched a 7 year low amidst deflation concerns in the US. However, the GCC markets remained positive with four out of six markets ending on a positive note, with UAE markets being the exception. The positive sentiment in the Kuwaiti market (+0.7%) continued after announcement of the $11bn investment fund to be setup by the government yesterday. The index closed up by 0.73%. The Qatari bourse ended by 0.83% backed by Masraf Al Rayan and Al Khaliji Bank. |
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GCC Indices
Thu 20th November 2008 |
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Indices |
Level (Points) |
Change (Points) |
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BSE Index |
2055.29 |
 25.96 |  |
SSE Index |
4850.44 |
89.52 |  |
QSE Index |
5809.27 |
48.54 |  |
KSE Index |
8875.90 |
 -64.20 |  |
OSE Index |
6221.97 |
186.25 |  |
DSE Index |
2012.24 |
-40.91 |  |
ADSE Index |
2833.55 |
-47.20 |
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