The Gulf of Persian stock markets ended on Thursday without slight changes, in the light of the expectations of investors of greater clarity regarding American commercial policy after the recent threats of President Donald Trump to impose customs duties.
Trump made his customs campaign on Wednesday, announcing the introduction of 50 percent fees for copper imports and 50 percent of Brazilian goods, starting on August 1, and also released new fees aimed at 7 young business partners, bringing the total number of partner this week.
And the “Standard Saudi Arabia Index” closed in a quiet session, since it remained various indicators of market sectors in a state of stability, to the results of the main profit.
Nevertheless, the Saudi Arabia index achieved a weekly growth of 0.3 percent, the third registered weekly, respectively. Saudi Aramco shares increased by 0.6 percent.
The Dubai index decreased by 0.1 percent, decreasing from the highest level over 17 years, while the NBD Emirates arrow fell by 0.6 percent.
On the other hand, Drake & Scall International jumped about 9 percent after the company launched its first commercial project full of its entirely in Dubai at the beginning of the week. The Abu -Daby index closed unchanged.
The shares of artificial intelligence companies in the Persian Gulf of Persian increased, since the SPEUS 42 shares increased by 3.3 percent, and Persiti AI – by 7.3 percent, tracking the influence of its global colleagues, against the backdrop of optimism after the Enenia company, specializing in artificial intelligence chips, became the first company in history that reached 4, which reached 4, which reached 4 Trillion dollars.
In Qatar, the stock index ended its transactions without change, since the profit in industrial shares compensated for losses in the banking sector.
Outside of the Persian Gulf region, the Leadership Index in Egypt increased by 0.5 percent, with the support of the share of the “commercial international bank” by 1.1 percent.
The Central Bank of Egypt on Wednesday said that the basic inflation rate reached 11.4 percent on an annual basis during June last year, which is 13.1 percent over the past May.
