JEDDAH: Gulf stock markets closed higher in bullish trading despite negative turnover of some listed companies in the first quarter. Saudi stock benchmark Tadawul All Share Index added 0.08 percent to close Monday at 6,611.73 points. Dubai's benchmark DFM General Index (DFMGI) gained to the highest in almost two months, advancing 0.2 percent to 1,572.98. Abu Dhabi's gauge rose 0.4 percent and Qatar's benchmark index increased 1 percent. Arab National Bankslid the most in two weeks, dropping 2 percent to SR34.2. Saudi Arabia's sixth-largest publicly traded lender by assets said first-quarter profit declined to SR587 million ($156.5 million) from SR634 million a year earlier as operating expenses increased. Shuaa Capital PSC (jumped 4.4 percent to AED1.18, the highest level since Feb. 15.
