Gulf stock markets end mixed on Tuesday. Saudi Arabia's benchmark Tadawul All Share Index (TASI), fell fell 0.6 percent to 6,368.8 points after three days of gains. Saudi Electricity Co tumbled after reporting a widening fourth-quarter loss, weighing on The utility fell 2.9 percent. It surged 6.6 percent on Monday as speculators piled into the stock ahead of its earnings announcement. Bluechips retreated, with Saudi Basic Industries Corp (SABIC) slipping 0.3 percent and Al-Rajhi Bank dropping 0.7 percent. The latter will offer a dividend of $0.40 per share for the second half of 2009. Dubai's index ended lower for the seventh session in eight, slumping to a six-week low as investors cashed in the previous day's gains. Abu Dhabi's measure slumped to the same milestone, underlining investor anxiety over corporate earnings in the UAE. Dubai's index fell 1.6 percent to 1,662 points, its lowest close since Dec. 10. Abu Dhabi's benchmark fell 0.9 percent to 2,656 points. – SG However, Kuwait index climbed 0.2 percent to 7,012 points. Oman index edged up 0.05 percent to 6,477 points, ending a fourth session losing streak. Qatar's bourse was up 0.4 percent at 6,781 points.
