Major Gulf markets ease in early trade; Saudi index gains – World

Major stock markets in the Gulf fell in early trade on Tuesday in the absence of fresh catalysts, although the Saudi index bucked the trend to trade higher.

The Qatari index dropped 1.2% and was on course to snap eleven sessions of gains, weighed down by a 2.8% decline in Qatar Islamic Bank and a 3.2% decrease in Commercial Bank.

In Abu Dhabi, the index lost 0.2%.

Dubai’s main share index…