Mubasher: Twelve Arab stock markets will close on Wednesday, 1 January 2020, on the occasion of the New Year holiday.

The Gulf stock markets that will close on Wednesday include the Dubai Financial Market (DFM), the Abu Dhabi Securities Exchange (ADX), Boursa Kuwait, Qatar Stock Exchange (QSE), Bahrain Bourse (BHB), and Muscat Securities Market (MSM).

The bourses will resume their business on Thursday, 2 January, excluding Boursa Kuwait, which will open on Sunday, 5 January.

However, the Saudi Stock Exchange (Tadawul) will be open for trading on Wednesday.

Similarly, the Egyptian Exchange (EGX), Iraq Stock Exchange (ISX), Palestine Securities Exchange (PSE), in addition to Amman Stock Exchange (ASE), Bourse de Tunis, and Casablanca Stock Exchange, will be off on Wednesday.