The Gulf region's bellwether market Saudi's Tadawul All Share Index (TASI) on Monday failed to extend its advances from the start of this week, ending 0.03 percent lower at 6,451.44 points. As oil prices stabilized around $75 per barrel, energy and oil related shares supported the market, with Yanbu National Petrochemical Company closing 1 percent higher at SR39.5 ($10.53). US crude for November delivery edged up 3 cents, or 0.04 percent, to settle at $76.52 per barrel. ICE Brent November crude fell 30 cents to settle at $78.57 a barrel. The DFM market in Dubai posted the largest loss in the Gulf region, closing 1 percent lower at 1,699 points as investors booked profits at real estate firms. Emaar Properties ended 1.81 percent lower at AED3.8 ($1.04). In Abu Dhabi, the ADX General Index finished trading at 2,664.2 points as 11 shares closed flat, 11 gained value and 12 declined. Abu Dhabi National Energy Company extended its share price rally by gaining 0.77 percent to close at AED1.32 ($0.36), a new high in 2010. In Doha, the Qatar Exchange Index ended 0.73 percent lower at 7, 630.5 points. On the contrary, the Bahrain Stock Exchange extended its step-by-step rally and added 0.55 percent to close at 1,453.67 points, the highest level since May 30, 2010. The market in Kuwait gained 0.13 percent in a lackluster trading session and closed at 6,832.1 points.
