Middle East Market Wrap 5 October: Doha Jumps 1.08 Percent to End a Six-Session Slide as Five of Nine Boards Rise

By The Edge Research Team

Doha’s QE Index jumped 1.08 percent on Monday to 9,285.05, ending a six-session slide with the region’s strongest move on a board that split five rising rows against four falling. Muscat’s MSX 30 added 0.68 percent on the exchange’s own board, Abu Dhabi’s FTSE ADX General Index closed back above the ten thousand line at 10,010.55, Amman edged 0.26 percent higher, and Dubai’s 0.115 percent gain ended a four-session slide on our records, while Bahrain eased 0.23 percent, Riyadh slipped 0.25 percent, Kuwait fell 0.59 percent in the first Monday under the bourse’s new commission structure, and Cairo gave back 0.66 percent. Brent crude traded at 102.49 dollars a barrel at 12:15 GMT, 0.23 percent above Friday’s written settlement on the December contract.

Doha leads the green side as Abu Dhabi retakes ten thousand

The Qatari board did the day’s heavy lifting. The QE Index rose 99.62 points to 9,285.05 on the exchange’s own market watch, whose previous-day column carried Sunday’s close at 9,185.43, a figure 6.81 points below our published 1 October level, so Monday’s jump ends six straight declines, five of them on our published records and Sunday’s on the exchange’s own screen. The MSX 30 added 51.969 points to 7,729.868 on the exchange’s own board, the FTSE ADX General Index rose 0.376 percent to 10,010.55, back above the ten thousand line after two closes below it on our records, Amman’s ASE Index rose 0.26 percent to 4,204.11 on the exchange’s own display, and the DFM General Index added 0.115 percent to 5,908.13, its first gain after four straight declines on our records. The Dubai and Abu Dhabi changes are measured to Friday closes that match our published 2 October levels exactly, the two boards having traded Friday on their own weekend calendar.

Kuwait’s first Monday under the new commission structure ends lower as the pound’s market rate weakens

The red side stayed inside two thirds of a percent. Bahrain’s All Share Index eased 0.23 percent to 1,902.46 against the 1,906.89 previous close on the exchange’s own panel, and Tadawul’s All Share Index slipped 0.25 percent, or 26.06 points, to 10,479.78 on the exchange’s own header, its final figure after the trading window that follows the close. Boursa Kuwait’s All-Share Index fell 0.59 percent to 8,638.52, a fifth straight decline measured across our published closes and the exchange’s own prints, in the first Monday under the new trading, clearing and settlement commission structure the exchange implemented on Sunday under Capital Markets Authority Resolution 85 of 2026, per its own circular, with the Premier Market index down 0.56 percent and the Main Market index down 0.75 percent on the exchange’s own divisions. The EGX 30 gave back 0.66 percent to 53,553.41 on the exchange’s own display, still above our published 1 October close. On the standing rows at 12:15 GMT, Brent traded 0.23 percent above Friday’s written settlement at 102.49 dollars a barrel on the December contract and WTI 1.22 percent below its own at 90.00, gold rose 0.55 percent to 4,185.30 dollars an ounce, silver jumped 2.74 percent, and the dollar index stood 0.31 percent higher. The Central Bank of Kuwait’s reference dollar rate stood at 0.30825/35 dinar on Monday’s main indicators page, from 0.30790/00 on 1 October, and the Central Bank of Egypt’s average market rate for the dollar stood at 52.3800 buying and 52.4800 selling, the pound weaker than the 52.2725 and 52.3725 of 1 October on the same series.

Gainers

Losers

Closing levels for Monday 5 October 2026 from each exchange’s own pages between 11:54 and 12:17 GMT, gainers then losers, ranked by change. The changes are the exchanges’ own closing prints for Monday’s session against their Sunday closes, with Dubai and Abu Dhabi against Friday closes that match our published 2 October levels exactly; the Dubai and Abu Dhabi prints of 0.115 and 0.376 percent are shown to two decimals, and the Muscat print of 0.680 percent likewise. This series did not publish on Sunday, and wherever a run of sessions is cited the basis is named in the prose. The Qatar previous close is the exchange’s own figure for 4 October.

Commodities and currencies

Intraday quotes at 12:15 GMT on Monday 5 October 2026, fixed row order as a deliberate exception to ranking; snapshot levels, not settlements, with changes against Friday’s reference levels as carried in the price feed. The Brent and WTI previous values match Friday’s written settlements of 102.25 and 91.11 dollars, as published in our Commodities Wrap of 2 October 2026, on the December and November contracts. Contract months as the feed displays them.

Official exchange rates

Dated official rates from the two central banks’ own pages; the Central Bank of Kuwait pair is the dollar/dinar rate on Monday’s main indicators page, published at 08:00 with both the dinar and dollar value dates falling on 7 October, and the Central Bank of Egypt line is the average market rate on the bank’s statistics page, not the bank’s separate official-rate series. Dated official rates do not share a table with market rates.

Asia reference

Carried in full from our Asia Markets Wrap of 5 October 2026, Monday’s closes on the basis published there, every open board higher and ranked by change; the Nifty 50 row is the National Stock Exchange of India’s own close, and mainland China’s two boards and Seoul’s Kospi did not trade, closed for holidays, all as disclosed there.

Why it matters: The region split five against four with all the force on one row: Doha’s 1.08 percent jump ended a six-session slide and was the board’s only move beyond one percent, while Abu Dhabi’s close back above ten thousand ended the line’s two-session stay below it and Dubai ended a four-session slide of its own, on our records. The red side stayed inside two thirds of a percent, but Kuwait’s fifth straight decline came in the first Monday under the bourse’s new trading, clearing and settlement commission structure, and Cairo’s 0.66 percent dip arrived on the day the central bank’s average market rate for the dollar moved past 52.38 pounds on the series we read on 1 October, a pairing we record without assigning a cause. Across everything we published on Monday, the Taiex’s 2.55 percent jump remains the day’s best row and the EGX 30’s 0.66 percent fall the deepest, on our count.

Outlook: This series returns tomorrow with Tuesday’s closes across the Gulf, Amman and Cairo. Our Europe wrap follows this evening with the continent’s closes, tonight’s commodities wrap reads the session’s written settlements on the same December and November crude series, and Wednesday’s Federal Reserve minutes, as published in our Week Ahead of 3 October, remain the week’s next data test.

Sources: Saudi Exchange, Boursa Kuwait, Qatar Stock Exchange, Abu Dhabi Securities Exchange, Dubai Financial Market, Muscat Stock Exchange, Bahrain Bourse, Amman Stock Exchange, The Egyptian Exchange, Central Bank of Kuwait, Central Bank of Egypt, The Edge.

Get Complimentary Insights

Follow us