Saudi stocks ended higher for a second day and Qatar also advanced on Sunday as banks and petrochemical stocks led gains, but UAE markets slipped with many traders wary ahead of the opening on global markets this week.
The Saudi index climbed 0.8 percent, after gaining 2.1 percent on Saturday, the first session after the Eid al-Fitr Muslim holiday which began on Aug. 25 in the kingdom.
Saudi Basic Industries Corp (SABIC) and Saudi International Petrochemical Co (Sipchem) added 0.3 and 0.6 percent respectively.
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