Middle East Market Wrap 6 October: Riyadh Rises 1.05 Percent as Kuwait Snaps a Five-Session Slide

By The Edge Research Team

Riyadh’s Tadawul All Share rose 1.05 percent to 10,589.95 on Tuesday, the board’s strongest move on a day that split four rising rows against five falling, and Kuwait’s All-Share added 0.18 percent to 8,654.04, ending a five-session slide on our published records. Muscat added 0.75 percent for a second straight gain and Amman edged higher, while Doha gave back 0.28 percent after Monday’s jump, Abu Dhabi slipped back below the ten thousand line, Dubai and Bahrain closed marginally lower, and Cairo eased 0.48 percent. Brent crude traded at 97.54 dollars a barrel at 12:49 GMT, 2.77 percent below Monday’s written settlement on the December contract.

Riyadh does the heavy lifting as Kuwait ends a five-session slide

The Tadawul All Share Index added 110.17 points to 10,589.95 on the exchange’s own page, with the MSCI Tadawul 30 up 1.05 percent at 1,424.55 and the parallel market’s Nomu index 1.55 percent higher on the same display. Kuwait’s All-Share rose 15.52 points to 8,654.04, its first gain after five straight declines on our published records, with the Premier Market index 0.18 percent higher at 9,050.66, the Main Market up 0.15 percent and the BK Main 50 up 1.10 percent on the bourse’s own summary. Muscat’s MSX 30 added 58.268 points to 7,788.136 on the exchange’s own board, a second straight gain, and Amman’s ASE Index edged 0.03 percent higher to 4,205.43 on the exchange’s own display, also its second in a row.

Doha and Abu Dhabi hand back ground as Cairo extends its dip

The QE Index gave back 25.75 points to 9,259.30 on the exchange’s own market watch, a dip that follows the jump that ended six straight declines. The FTSE ADX General Index slipped 17.31 points to 9,993.24, back below the ten thousand line after a single close above it on our records, the DFM General Index eased 0.93 of a point to 5,907.20 on the exchange’s own daily closing table, which puts the day’s change at 0.02 percent lower, and Bahrain’s All Share closed 0.61 of a point lower at 1,901.85. Cairo’s EGX 30 fell 0.48 percent to 53,298.14, a second straight decline. The Central Bank of Kuwait’s reference dollar rate stood at 0.30810/20 dinar on Tuesday’s main indicators page, the dinar firmer than Monday’s 0.30825/35, with a value date of 8 October, and the Central Bank of Egypt’s average market rate for the dollar stood at 52.2658 buying and 52.3658 selling, the pound firmer than Monday’s 52.3800 and 52.4800 on the same series. On the standing rows at 12:49 GMT, Brent traded 2.77 percent below Monday’s written settlement at 97.54 dollars a barrel on the December contract and WTI 2.44 percent below its own at 87.25, while gold rose 1.11 percent to 4,202.80 dollars an ounce and the euro stood 0.32 percent higher at 1.1257.

Top gainers

Closing levels for Tuesday 6 October 2026 from each exchange’s own pages, ranked by change; changes are the exchanges’ own prints against Monday 5 October closes. The Abu Dhabi and Muscat rows round the exchanges’ prints of 0.173 and 0.750 percent to two decimals.

Top losers

Top losers, same session and basis.

Commodities and currencies

Intraday quotes at 12:49 GMT on Tuesday 6 October 2026, in fixed row order; snapshot levels, not settlements. The Brent and WTI changes are against Monday’s written settlements of 100.32 and 89.43 dollars on the December and November contracts, as published in our Commodities Wrap of 5 October 2026; the other rows are against the price feed’s Monday reference levels. Contract months as the feed displays them.

Official reference rates

Dated official fixings from the Central Bank of Kuwait and the Central Bank of Egypt; the CBK value date is standard T+2 settlement. The Egyptian row is the central bank’s average market rate series; the bank publishes its official-rate series separately.

Asia, session of Tuesday 6 October

Carried in full from our Asia Market Wrap of 6 October 2026, Tuesday’s closes on the basis published there, gainers then losers; the Nifty 50 row is the National Stock Exchange of India’s own close, the Kospi change is measured against Friday 2 October across Monday’s Korean market holiday, and mainland China’s two boards did not trade, closed for the National Day holiday, all as disclosed there.

Why it matters: The board leaned red by count and green by force: the five declines all sat inside half a percent, while Riyadh’s 1.05 percent rise was the day’s only move beyond one percent and Kuwait’s 0.18 percent gain ended the board’s longest active slide, five sessions, on our published records. Doha and Abu Dhabi each handed back part of Monday’s advance inside a third of a percent, and both official rates moved the local currency’s way, the dinar firmer at 0.30810/20 and the pound firmer at 52.2658 buying on the central bank’s average market series. Across everything we published on Tuesday, Riyadh’s Tadawul All Share and Tokyo’s Nikkei 225 share the day’s best print at 1.05 percent higher and Seoul’s Kospi remains the deepest fall at 0.89 percent lower, on our count.

Outlook: This series returns tomorrow with Wednesday’s closes across the Gulf, Amman and Cairo; the Egyptian Exchange then observes the Armed Forces Day holiday on Thursday 8 October in place of Tuesday 6 October, with trading resuming Sunday 11 October, per its own notice. 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 policy 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.

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