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In the third quarter of 2024, the investing and financial management app sector in the Middle East showed diverse trends, with data provided by Sensor Tower offering a detailed look into the performance of the top five applications.
Sahm - Stock Trading from Sahm Capital Financial Company saw a notable increase in weekly revenue, peaking at about $43.5K in late September. Weekly downloads decreased from 43K in early July to 16.5K by the end of September, while weekly active users fluctuated around 100K, ending the quarter with 104K.
Seeking Alpha: News & Analysis maintained a relatively stable weekly revenue, with a peak of around $7.3K in late August. Downloads were minimal, starting at 78 and ending with 96 weekly downloads. The app had a consistent user base, with weekly active users slightly declining from 6.4K to 6K over the quarter.
GoMining - Coin Mining App experienced a volatile revenue trend, with a significant spike to $9.9K in late July. Weekly downloads started at 7.6K and dropped to 490 by the end of September, while active users decreased from 5.7K to just under 3K.
baraka: Buy US Stocks & ETFs demonstrated fluctuating revenue, peaking at $3.5K in mid-August. Downloads varied, starting at 2.1K and ending at 2.2K weekly downloads, with no data available for active users.
Webull - Stock Quotes and News showed a steady weekly revenue, hovering around $1.8K in late September. Downloads began at 1.1K and slightly decreased to 914 by the end of the quarter. Active users showed a decline from 11.8K to 10.3K.
These insights, sourced from Sensor Tower, provide a comprehensive view of the performance of leading investing apps in the Middle East for Q3 2024. More detailed analytics can be accessed on Sensor Tower's platform.