UAE stock markets experienced mixed performances, with Dubai showing gains in materials, financial, and industrial sectors, yet ending the week slightly negative. Risk appetite may stabilize and support potential upside. In contrast, Abu Dhabi's market showed minor declines correlating with profit-taking as Q2 earnings conclude, risking exposure to falling oil prices. The Saudi market also faced a decline due to lower oil prices, while Qatar recorded positive gains for the week amidst overall regional variability in market performance.
The Dubai stock market was higher, buoyed by the materials, financial, and industrial sectors. However, the market is ending the week with a slightly negative performance.
The Abu Dhabi stock market continued to slide slightly. Minor declines indicated limited profit-taking as the Q2 earnings season concludes, leaving the market prepared for a rebound.
Lower oil prices pose a risk to the Saudi market, which continued its decline after a brief pause last week.
The Qatari market posted another week of positive gains while performance across the region was mixed.
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