Most Gulf markets rose on Thursday as global hopes that the U.S. Federal Reserve is nearing fresh monetary easing lifted local investors' spirits. But trading volumes were small with many participants still away for
Eid al-Fitr holidays.
Global shares rallied on Thursday after minutes from the U.S. central bank's meeting earlier in the month said: "Many (Fed) members judged that additional monetary accommodation would likely be warranted fairly soon unless incoming information pointed to a substantial and sustainable strengthening in the pace of the economic recovery."
In the United Arab Emirates, Dubai's index gained 0.7 percent to its highest close since May 2.
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