Stock markets in the Gulf were up in early trade on Thursday as oil prices rose, following two consecutive sessions of decline, with traders reassessing latest data on U.S. crude oil and gasoline inventories.
Oil prices - a catalyst for the Gulf's financial markets - were up 0.3%, with Brent trading at $86.38 a barrel by 0750 GMT.
Saudi Arabia's benchmark stock index (.TASI), opens new tab advanced 0.6%, lifted by gains in most sectors, with Bupa Arabia for Cooperative Insurance (8210.SE), opens new tab surging 5.2% and ACWA Power (2082.SE), opens new tab rising 2%.
Among other gainers, Saudi National Bank (1180.SE), opens new tab climbed 4%, after the Kingdom's largest lender appointed a new chief executive, replacing the acting CEO.
The Qatari benchmark index (.QSI), opens new tab rose 0.4%, with most sectors trading in positive territory.
Qatar National Bank (QNBK.QA), opens new tab, the region's largest lender, gained 0.6% and Qatar Islamic Bank rose 0.7%.
Dubai's benchmark stock index (.DFMGI), opens new tab edged up 0.2%, helped by a 0.6% gain in blue-chip developer Emaar Properties (EMAR.DU), opens new tab and a 1.2% rise in the Emirate's largest lender, Emirates NBD (ENBD.DU), opens new tab.
However, Al Ansari Financial Services (ALANSARI.DU), opens new tab slid 1.9%, its sharpest percentage intraday fall in more than two months, while National Central Cooling (TABR.DU), opens new tab slipped 3.6% as both firms traded ex-dividend.
In Abu Dhabi, the benchmark stock index (.FTFADGI), opens new tab was little changed, while Aldar Properties (ALDAR.AD), opens new tab slid 1.8% and Abu Dhabi Commercial Bank (ADCB.AD), opens new tab, the UAE's third-biggest lender, rose 1%.
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