Most Arab stock exchanges close lower on Tuesday
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DUBAI, United Arab Emirates โ Most Arab stock exchanges closed lower in Tuesday's session, with selling pressure weighing on major stocks and sectors across the region. Egypt's EGX30 index lost more than 1.5% at the close, slipping below 51,800 points after a modest intraday gain. In Saudi Arabia, the Tadawul All Share Index (TASI) ended in negative territory, down 0.4%, pulled down by declines in leading shares.
Dubai's main financial market index fell more than 1% by the close, with weak performance across multiple sectors driving the losses. Qatar's general index ended at 10,408 points, down 0.4%, while Kuwait's exchanges also saw broad declines, with the premier index losing around 0.4% at the close.
Regional markets have been operating in a period of close attention to economic and financial developments, which was reflected in the session's performance across most Arab indexes. No further details were immediately available on the specific catalysts behind the declines.
