Rise of Most Gulf Markets in Early Trading

Most major stock markets in the Gulf increased today, Wednesday, although the gains were limited. The Saudi index rose by 0.1%, supported by a 3.2% increase in shares of the Saudi Arabian Mining Company (Ma'aden), while shares of Al-Mawashi Company surged more than 8% after reporting higher-than-expected quarterly earnings. In Qatar, the index rose by 0.1%, with shares of Qatar National Bank increasing by 0.8%. In Abu Dhabi, the index increased by 0.2%.