The Middle East markets jump to the statement of the ceasefire between Israel and Iran

The stock markets in the Middle East jumped today, Tuesday, with the support of the calming geopolitical tensions after US President Donald Trump announced a ‘complete and comprehensive’ ceasefire agreement between Israel and Iran, strengthening the appetite of investors and rising regional indicators to rise. A collective increase in the stock exchanges of the region. The Saudi Stock Market Index “Tassi” ended the trading, up 2.4% to score 10964 points, and achieved the largest daily profits since April 10 thanks to the rise of the “Al -Rajhi Bank” share with 2.8% and “Aqua Power” by 3.5%. While Aramco, the largest weight in the index, fell by 1.6%, in a reflection of the fall in oil prices. The most important index of the Egyptian Stock Exchange increased by 3.8%, and the exchange rate of the pound increased by 1%, after it had fallen continuously since the war began, and the Egyptian shares were one of the most affected by the conflict compared to the markets of other region. Also read: The markets take its breath after the Iran attack. Tremb declares the end of the war in the UAE, the Dubai Financial Market index has risen by 3.4%, in its strongest daily profits since December 16, 2024, with the rise of the “Emar Real Estate” share by 5%. The “Photsi Abu Dhabi General” index also rose by 2.5%, which recorded its largest daily profits since October 2022, with a 7% jump for the part of “Abu Dhabi First Bank”. The Qatar Stock Exchange Index rose 1.9% by the end of the transactions. While the first market index in Kuwait completed the trading with 2.4%profits. The return of the momentum to the markets, Mary Salem, the financial analyst in “Al Sharq”, expected the ceasefire between Israel and Iran to be back to the markets, and the activity would return to the levels that prevail before the outbreak of the war. In Israel, Israeli shares, currency and bonds have recorded some of the biggest profits in emerging countries, after Tel Aviv confirmed that a ceasefire agreement with Iran had been reached, according to “Bloomberg.” The standard “Ta -35” index of shares increased by 1.7%and is on their way to score profits for the third consecutive month. The soul also rose 1.8% against the dollar, which scored its strongest level since January 2023 before it reduced its profits. The origin of emerging markets is flourished with the decline in the Middle East unrest. Details here, and the Israeli effects living in the dollar, were one of the highest achievement on the Bloomberg index for the total yield of the sovereign emerging marching effects. The price of the mortgage to be paid in March 2054 has risen by one cent per dollar of its nominal value to record its highest level since early April.