In Q3 2024, foreign investors net bought $3.71 billion in GCC stock markets, led by Abu Dhabi, Saudi Arabia, and Kuwait.

In Q3 2024, foreign investors net bought $3.71 billion in GCC stock markets, up from $3.66 billion in Q2. The Abu Dhabi market led with $1.9 billion, followed by Saudi Arabia at $1.3 billion and Kuwait at $220.4 million. Trading volume increased by 19.8% to 83.01 billion shares. Factors influencing this trend included regional market dynamics, IPOs, and the anticipated cut in US interest rates, which shifted local investors to net selling.

October 29, 2024
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