Cairo-Mubasher: Four GCC markets showed bearish performance in the third week of February, led by Dubai. Meanwhile, three markets closed in the green, spearheaded by Abu Dhabi. The Egyptian bourse was pressured by leading stocks.

The Dubai Financial Market's general index retreated by 1.17% during the week, falling 46 points, to 3857.66 points compared to 3903.38 points by the end of last week.

Qatar came second, falling 0.88%. Kuwait declined by 55 points or 0.82%. Muscat inched down 0.29%. 

Meanwhile, Abu Dhabi topped gainers, rising 0.91% or 42.06 points this week. Bahrain followed with a gain of 0.87%. The Saudi market came third with a rise of 0.46%.

The Egyptian Exchange (EGX) lost around EGP 15.2 billion ($1.99 billion) of its capitalization amid pressures from blue chips. The benchmark index EGX30 fell by 2.7% or 266.16 points to close at 9481.2 points, compared with 9747.36 points a week earlier.