MIDEAST STOCKS Most major Gulf stock markets gain; Qatar index eases – Reuters
An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. REUTERS/Christopher PikeMost major stock markets in the Gulf rose in early trade on Sunday supported mostly by banking stocks, while Qatar bucked the trend to trade lower.
In Dubai, the main share index (.DFMGI) was up 0.6%, boosted by a 1.2% rise in Islamic lender Dubai Islamic Bank (DISB.DU) and a 0.7% increase in its largest bank Emirates NBD (ENBD.DU).
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