Top GCC ETF Decliners — 6 Months

The worst half-year. Six months of decline is long enough that the market has had every chance to change its mind and has not. Narrowed to funds listed in the Gulf and Egypt — the ADX and DFM, Tadawul, Boursa Kuwait, the QSE, the MSX and the EGX. Each row is dated to its own market’s last session. Tadawul is shut on Friday while ADX trades, so a single date over the table would file a Saudi fund’s Thursday move under a Friday heading.