The main index in Saudi Arabia fell 0.5 percent (AFP)</p><div><p>Most of the Gulf stock markets closed higher on Sunday, despite incurring losses in early trade. Saudi stocks declined after the US intelligence issued, on Friday, a report saying that Crown Prince Mohammed bin Salman approved an operation to arrest or kill Saudi dissident journalist Jamal Khashoggi in 2018.<br/>The main index in Saudi Arabia fell 0.5 percent, the biggest decline since February 18th, and Al-Rajhi Bank lost 1.8 percent, while the share of the Saudi Basic Industries Corporation (SABIC), which produces petrochemicals, fell three percent.<br/>In Dubai, the main index closed up one percent, supported by the rise of leading Emaar Properties by 2.6 percent, and an increase of 0.8 percent in Dubai Islamic Bank.
Dubai Financial Market jumped six percent, to be the biggest gainer on the index.
The Dubai Financial Market company said, last week, that it would restart the normal maximum decline in the prices of listed shares during one session, amounting to ten percent of the February 28 trading session.
The Abu Dhabi index rose 0.6 percent, and Etisalat advanced 2.2 percent.
In Qatar, the index advanced 0.3 percent, and Masraf Al-Rayan rose 1.5 percent. The Kuwait Stock Exchange was closed today for a public holiday.
Outside the Gulf region, the leading stock index in Egypt fell 0.8 percent under the weight of a decline in bank shares. Commercial International Bank fell 1.7 percent, and EFG Hermes fell 1.9 percent.
Saudi Arabia: The index fell 0.5 percent.
Abu Dhabi: The index increased 0.6 percent.
Dubai: The index rose one percent.
Qatar: the index rose 0.3 percent.
Egypt: The index fell 0.8 percent.
Bahrain: The index rose 0.1 percent.
Oman: The index increased 0.3 percent.