Middle East Market Wrap 10 November: Cairo Jumps 2.08% as All Seven Gulf Markets Rise
First published at 08:15 GMT; updated with the session’s closing edition at 12:57 GMT.
The Takeaway: Cairo’s EGX 30 jumped 2.08% to lead eight gains among the region’s nine markets, and Amman’s 0.49% fall was the only decline. CNBC reported that US President Donald Trump said on Monday the war with Iran could end “fairly soon”. In Riyadh, rising stocks outnumbered fallers 232 to 31.
All seven Gulf markets closed higher on Tuesday, led by Dubai’s DFM General at 1.36% and Abu Dhabi’s FTSE ADX General at 0.77%.
Riyadh and Doha rise again as Brent slips
Brent traded 2.19% lower at $90.54 a barrel at 12:25 GMT. CNBC reported that the contract had dipped below $90 earlier on Tuesday for the first time since August, a day after US President Donald Trump said the war with Iran could end “fairly soon”, while an energy consultant it quoted saw no prospect of a deal between Washington and Tehran.
The Tadawul All Share rose 0.61% to 10,168.10, and rising stocks outnumbered fallers 232 to 31 across the exchange. Trading reached SAR 4.91 billion. Doha’s QE Index added 0.69%, and 38 companies rose against 12 that fell on the exchange’s count. Muscat’s MSX 30 gained 0.63%, reversing Monday’s decline, and Kuwait’s All-Share added 0.20%.
Cairo leads the region as Amman slips
Cairo’s EGX 30 closed at 52,483.46, near the day’s high of 52,508.16. Bahrain’s All Share rose 0.15%, while Amman’s ASE index fell to 4,067.99; the tables carry the rest.
Middle East closes, ranked
| Index | Close | Change |
|---|---|---|
| EGX 30 (Egypt) | 52,483.46 | +2.08% |
| DFM General (Dubai) | 6,170.20 | +1.36% |
| FTSE ADX General (Abu Dhabi) | 9,555.78 | +0.77% |
| QE Index (Qatar) | 10,177.23 | +0.69% |
| MSX 30 (Oman) | 7,279.414 | +0.63% |
| Tadawul All Share (Saudi Arabia) | 10,168.10 | +0.61% |
| Boursa Kuwait All-Share (Kuwait) | 8,541.18 | +0.20% |
| Bahrain All Share (Bahrain) | 1,824.34 | +0.15% |
| ASE Index (Jordan) | 4,067.99 | -0.49% |
Closes of Tuesday 10 November 2026 from the exchanges’ own pages, ranked by change against Monday 9 November’s closes as published; Amman’s ASE index was the only faller. The Saudi, Dubai, Muscat, Bahrain and Amman pages publish changes without a sign, so the sign comes from the closes; Cairo’s dated history gives closes only.
Commodities and currencies
| Asset | Level | Change |
|---|---|---|
| Gold, COMEX (Dec’26), dollars an ounce | 4,083.10 | -0.76% |
| Silver, COMEX (Dec’26), dollars an ounce | 52.37 | -0.61% |
| Brent Crude, ICE (Jan’27), dollars a barrel | 90.54 | -2.19% |
| WTI Crude, NYMEX (Dec’26), dollars a barrel | 85.22 | -1.88% |
| US Dollar Index (DXY) | 101.75 | +0.10% |
| Euro/Dollar | 1.1216 | -0.06% |
| Sterling/Dollar | 1.3426 | -0.10% |
| Dollar/Yen | 158.18 | +0.18% |
Intraday quotes at 12:35 GMT, the metals and crude as of 12:25 GMT, in fixed order; snapshots, not settlements; futures from the prior settlement, the dollar and currencies from the previous close.
Official reference rates
| Rate | Level | Date |
|---|---|---|
| CBK dollar/dinar, official reference | 0.30800 | 10 November 2026 |
| CBE dollar/Egyptian pound, buy / sell | 53.2642 / 53.3642 | 10 November 2026 |
Dated official fixings from the Central Bank of Kuwait and the Central Bank of Egypt; the CBK row is the mid of the bank’s 0.30795/0.30805 quote, with value dates of 12 November for the dinar and 13 November for the dollar as the bank printed them, and the CBE row is the bank’s average market rate series.
Asia, session of Tuesday 10 November
| Index | Close | Change |
|---|---|---|
| Kospi (South Korea) | 5,239.13 | +4.39% |
| Nikkei 225 (Japan) | 60,459.58 | +2.87% |
| Taiex (Taiwan) | 42,711.92 | +2.52% |
| Topix (Japan) | 3,893.71 | +1.98% |
| Straits Times (Singapore) | 5,258.59 | +1.53% |
| S&P/ASX 200 (Australia) | 9,129.00 | +1.10% |
| Shenzhen Component (China) | 11,241.54 | +0.86% |
| Hang Seng (Hong Kong) | 24,557.04 | +0.44% |
| Shanghai Composite (China) | 3,663.72 | +0.08% |
Carried from our Asia Market Wrap of Tuesday 10 November 2026, ranked by change, the Straits Times against Friday 6 November’s close; all nine indices rose, and India’s market did not trade on the Diwali Balipratipada holiday.
What to watch: Egypt’s Central Agency for Public Mobilization and Statistics publishes its manufacturing and extractive industries index on Wednesday 11 November and its building-materials retail price data on Thursday 12 November.
Closes are from the exchanges’ own pages, measured against Monday 9 November’s closes as published; percentages and counts not attributed to a source are The Edge’s calculations.
How these wraps are prepared: Methodology.
Sources: Abu Dhabi Securities Exchange, Dubai Financial Market, Saudi Exchange, Qatar Stock Exchange, Boursa Kuwait, Amman Stock Exchange, The Egyptian Exchange, Bahrain Bourse, Muscat Stock Exchange, Central Bank of Kuwait, Central Bank of Egypt, CNBC, Central Agency for Public Mobilization and Statistics, The Edge.
