share index rose 0.9 per cent on weekly basis, closing at 5,798 points. United Arab Emirates shares lost ground this week due to disappointing fourth quarter results. The all-share index of the Abu Dhabi stock exchange fell 1 percent, closing at 2,337 points, while Dubai's benchmark closed week unchanged at 1,328 points. Qatar's index plunged 2.7 per cent this week, closing at 8,462points, while Bahrain's benchmark gained 0.8 per cent, closing at1,142 points. Jordanian shares lost fresh ground this week as traders protested lack of action from the new chief of the Jordan Securities Commission(JSC), Mohammad Tash, to reactivate the beleaguered stock market, analysts said. The all-share index of the Amman Stock Exchange (ASE) shed 0.8 percent this week, to close at 1,939 points. Egyptian stocks rebounded this week, buoyed by foreign buying, due to the improving political climate in the country after the election of a parliament, analysts said. Egypt's AGX 30 index, which measures the performance of the market's 30 most active stocks, climbed 2.4 per cent on a weekly basis, to close at 3,868 points.
