© Archyde.com. An investor watches a screen displaying stock information on the Abu Dhabi Stock Exchange in this photo from Archyde.com archive.
Most of the Gulf stock exchanges fell in early trading on Monday, with modest trading volumes in the absence of foreign investors due to the Christmas holidays.
It fell 0.1 percent, with the shares of Retal Urban Development falling 0.6 percent and the National Bank of Saudi Arabia 1.1 percent.
But the share of Yanbu National Petrochemical Company (TADAWUL:) rose 0.8 percent following the company proposed a semi-annual dividend of 1.25 riyals.
It fell 0.5 percent, extending its losses for the fourth consecutive session, with the share of First Abu Dhabi Bank, the largest bank in the Emirates, falling 1.6 percent.
The main index of the Qatari market fell 0.9 percent, with most of the listed stocks falling, including Qatar Islamic Bank, which fell 1.5 percent.
However, the main index in Dubai rose 0.5 percent, supported by a 1.3 percent rise in Dubai Islamic Bank (DFM:).
(Prepared by Mohamed Attia for the Arabic Bulletin – Edited by Mahmoud Abdel-Gawad)
