With the Islamic holiday due tomorrow, five Gulf markets closed for the week today. Muscat declined sharply by 7%. In Saudi Arabia, the Tadawul dropped 3.8% for the week, while the Dubai Financial Market and Abu Dhabi Securities Exchange ended down 0.58%. The Kuwait Stock Exchange bucked the trend, closing up 0.60%. On the day's trading, five markets rose. The DFM closed up 1%, the ADX 0.92% and Muscat 0.56%. Doha and Kuwait rose slightly, by 0.08% and 0.04% respectively. The markets in Bahrain and Saudi Arabia both closed the day down, by 0.65% and 0.37% respectively.
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