MIDEAST STOCKS-Most Gulf markets up on financials, petrochemicals | Reuters

MIDEAST STOCKS-Most Gulf markets up on financials, petrochemicals | Reuters:

Most Gulf markets traded higher early on Tuesday, as financials boosted Kuwait and Qatar, and higher oil prices lifted Saudi petrochemical stocks.

Qatari shares were up 0.4 percent, lifted by a 1.3 percent rise in Qatar National Bank a day before its quarterly earnings. Qatar Islamic Bank climbed 2 percent.

Bahrain-based broker SICO said in a report QNB could post a net profit 3.47 billion riyals ($952.90 million) in the second quarter, little changed from a year earlier based on a consensus estimate.