DUBAI, March 8 Dubai's stock market was the top
performer and Qatar's Bank Doha extended falls in an otherwise
mostly quiet Gulf region early on Wednesday.
The Dubai index added 0.7 percent with builder
Arabtec rebounding 4.2 percent after closing 2.9
percent lower on Tuesday. Emaar Properties added 0.1
The index has closed lower in six of the last seven
Abu Dhabi's index was up 0.3 percent. Union National
Bank was the top gainer there, jumping 4.1 percent.
Saudi Arabia's index, which has been trading in a
narrow range over the last week, was flat. The largest dairy
maker in the region, Almarai, added 1.4 percent.
Qatar's index, which fell below major technical
support at around 10,500 points in the previous session, was up
0.3 percent at 10,447 points.
Doha Bank was down 5.0 percent at 33.35 riyals; it
had dropped its 10 percent daily limit on Tuesday after it went
ex-dividend and shareholders approved a 20 percent capital
increase through the issue of new shares at 25 riyals each.
Qatari Investors Group jumped 8.5 percent and was
the top gainer.
Kuwait's index fell 0.5 percent, heading for its
third straight session of losses. Warba Bank lost 1.9
(Reporting by Celine Aswad; Editing by Andrew Torchia and John