Middle East Market Wrap 4 October: The EGX 30 Gains 1.61 Percent as Riyadh Adds 1.09 Percent
Cairo led the region’s first session of the week on Sunday, the EGX 30 rising 1.61 percent to 53,911.10, while Riyadh’s Tadawul All Share Index added 1.09 percent to 10,505.84 and Muscat’s MSX 30 gained 1.04 percent to 7,677.899. Four of the seven boards that traded closed higher, with Kuwait, Qatar and Amman lower.
Cairo and Riyadh carry the gains
Egypt’s benchmark followed Thursday’s 2.24 percent advance with a further 856.07 points, opening at Thursday’s close of 53,055.03 and trading as high as 54,103.95 during the session; the exchange puts the index 28.88 percent higher since the start of the year. In Riyadh, the Tadawul All Share Index rose 112.87 points to 10,505.84, with 220 stocks higher and 41 lower; the MSCI Tadawul 30 rose 1.16 percent to 1,416.50 and the parallel Nomu market 0.84 percent. Muscat’s MSX 30 added 79.387 points, with 37 listed stocks higher and 22 lower across the market on the exchange’s count, and Bahrain’s All Share index edged up 0.13 percent to 1,906.89.
Kuwait, Qatar and Amman close lower
Boursa Kuwait’s All Share index fell 0.27 percent to 8,689.97, with the Premier Market 0.32 percent lower at 9,084.81 and the Main Market down 0.06 percent at 8,953.90. Qatar’s QE Index eased 0.07 percent to 9,185.43, 6.81 points below Thursday’s close, and the Amman Stock Exchange’s ASE Index lost 0.32 percent to 4,193.04. Abu Dhabi and Dubai, which trade Monday to Friday, did not open; their Friday closes, carried in our Asia Market Wrap of 2 October, were 9,973.01 for the FTSE ADX General Index, 0.25 percent lower, and 5,901.32 for the DFM General Index, 0.49 percent lower.
Top gainers
| Index | Close | Change |
|---|---|---|
| EGX 30 (Egypt) | 53,911.10 | +1.61% |
| Tadawul All Share (Saudi Arabia) | 10,505.84 | +1.09% |
| MSX 30 (Oman) | 7,677.899 | +1.04% |
| Bahrain All Share (Bahrain) | 1,906.89 | +0.13% |
Top gainers, closes of Sunday 4 October 2026 from each exchange, ranked by change; changes are against the Thursday 1 October closes published in our Middle East Market Wrap of 1 October.
Top losers
| Index | Close | Change |
|---|---|---|
| QE Index (Qatar) | 9,185.43 | -0.07% |
| Kuwait All Share (Kuwait) | 8,689.97 | -0.27% |
| ASE Index (Jordan) | 4,193.04 | -0.32% |
Top losers, same session and basis, ranked from the shallowest to the deepest decline. Not shown: the FTSE ADX General and DFM General indices, as Abu Dhabi and Dubai trade Monday to Friday.
Official reference rates
| Rate | Level | Date |
|---|---|---|
| CBK dollar/dinar, official reference | 0.30800/10 | 4 October 2026, value date 6 October 2026 |
| CBE Exchange Rate, dollar/Egyptian pound, buy / sell | 52.2250 / 52.3637 | 4 October 2026 |
Dated official fixings from the Central Bank of Kuwait and the Central Bank of Egypt; the CBK value date is standard T+2 settlement.
Asia, session of Friday 2 October
| Index | Close | Change |
|---|---|---|
| S&P/ASX 200 (Australia) | 8,682.10 | +0.79% |
| Kospi (South Korea) | 7,003.74 | +0.46% |
| Taiex (Taiwan) | 48,475.74 | +0.25% |
| Straits Times (Singapore) | 5,634.82 | -0.58% |
| Nikkei 225 (Japan) | 68,309.46 | -0.94% |
| Topix (Japan) | 4,091.00 | -0.99% |
| Hang Seng (Hong Kong) | 23,972.29 | -2.60% |
Carried from our Asia Market Wrap of Friday 2 October 2026, that region’s last session before the Gulf week opened; gainers then losers, on the basis published there. The Hang Seng row is measured against Wednesday 30 September’s close across one shut session. Not shown: the mainland China boards, closed 1 to 7 October for the National Day holiday, and the Nifty 50, with India’s market shut on Friday for Gandhi Jayanti.
Europe, session of Friday 2 October
| Index | Close | Change |
|---|---|---|
| AEX (Netherlands) | 1,116.71 | +1.28% |
| DAX (Germany), Xetra close | 25,231.20 | +1.17% |
| Euro Stoxx 50 (euro area) | 6,238.50 | +1.02% |
| CAC 40 (France) | 7,897.19 | +0.79% |
| Stoxx Europe 600 (Europe) | 631.35 | +0.75% |
| FTSE MIB (Italy) | 50,483.21 | +0.49% |
| IBEX 35 (Spain) | 19,085.30 | +0.42% |
| FTSE 100 (United Kingdom) | 10,461.95 | +0.32% |
| SMI (Switzerland) | 13,660.92 | +0.28% |
Carried from our Europe Market Wrap of Friday 2 October 2026, that region’s last session before the Gulf week opened; all nine boards closed higher and are ranked from the strongest gain to the shallowest. The DAX row is Deutsche Boerse’s Xetra closing price.
United States, session of Friday 2 October
| Index | Close | Change |
|---|---|---|
| Nasdaq Composite (United States) | 27,190.86 | +1.19% |
| Nasdaq 100 (United States) | 30,807.93 | +1.00% |
| Russell 2000 (United States) | 2,832.90 | +0.94% |
| S&P 500 (United States) | 7,722.72 | +0.73% |
| Dow Jones Industrial Average (United States) | 51,176.96 | +0.49% |
Carried from our US Market Wrap of Friday 2 October 2026, that region’s last session before the Gulf week opened; all five indices closed higher and are ranked from the strongest gain to the shallowest.
Why it matters: Sunday’s board is the region’s first session since Friday, when all nine European and all five United States benchmarks we publish closed higher while Asia split three higher and four lower; four of the seven boards that traded today closed higher, led by Cairo and Riyadh. Riyadh’s gain more than recovered Thursday’s 0.46 percent decline, while Cairo added to Thursday’s advance. On today’s board the EGX 30 led at 1.61 percent higher and the ASE Index lagged at 0.32 percent lower; across Friday’s three carried sessions the AEX led at 1.28 percent higher and the Hang Seng lagged at 2.60 percent lower, on our count.
Outlook: Abu Dhabi and Dubai reopen on Monday, when all nine Middle East benchmarks we track trade for the first time this week, and the week’s data calendar is carried in our Week Ahead of 4 to 10 October.
Sources: Egyptian Exchange, Saudi Exchange, Muscat Stock Exchange, Bahrain Bourse, Qatar Stock Exchange, Boursa Kuwait, Amman Stock Exchange, Central Bank of Kuwait, Central Bank of Egypt, The Edge.
