JEDDAH: Gulf stocks closed mixed Sunday amid geopolitical concerns compounded by corporate earning results in the first quarter. Saudi stock benchmark Tadawul All Share Index dropped 0.03 percent to 6,606.69 points. Dubai shares rose to an almost two-month high on bets quarterly profits will beat expectations and as the emirate's bonds climbed to the highest on record last week after Dubai World and creditors signed a debt accord. The DFM General Index climbed 0.9 percent to 1,569.8, the highest since Feb. 16. Abu Dhabi's index rose 0.4 percent. Emaar Properties PJSC, builder of the world's tallest tower, advanced 1.3 percent. Emirates NBD PJSC, the United Arab Emirates' biggest bank by assets, rallied to the highest since 2009. Qatar's gauge gained 0.9 percent, Oman's MSM30 Index increased 0.3 percent and Bahrain's BB All Share Index climbed 0.6 percent. Kuwait's measure lost 0.1 percent. Egypt's EGX 30 Index dropped 1.4 percent after protesters clashed with security forces over the weekend.
