The largest securities market in the Middle East and North Africa, Saudi Arabia’s Tadawul, offered investors an avenue to take profit or redirect gains into new opportunities in week 12 of 2014 after reaching a peak at the end of week 11. Fitting to this assumption, the TASI retreated ever so slightly to a close of 9305.64 points on March 20, representing a 0.9 percent drop from the March 16 opening. Another Gulf exchange with a downtrend was Oman’s Muscat Securities Market (MSM), whose benchmark index dropped for the second consecutive week. It lost 1.8 percent week-on-week. Exchanges in Kuwait, Bahrain, Qatar and the United Arab Emirates moved in positive territory. The indices of the Bahrain Bourse and Kuwait Stock Exchange gained 0.9 and 1.4 percent, respectively. The Qatar Exchange was the slowest gainer in the Gulf Cooperation Council this week, inching up 0.5 percent, and the Abu Dhabi Exchange
