4 Gulf markets rise, supported by the rise in oil prices

Most of the Gulf stock markets rose during Monday’s session, ignoring losses in Asian markets, supported by high oil prices, while investors awaited a financial plan to be announced by Britain and earnings reports in search of evidence of corporate strength amid concerns about high interest rates and a possible recession.
The Abu Dhabi market index fell by 0.37% to 9705.18 points, amid trading of 1.2 billion dirhams. While the Dubai Financial Market index rose by 0.01% to 3376.95 points, amid trading of 245.64 million dirhams.
In Saudi Arabia, the market index rose by 1.41% to 11,566.38 points, amid trading of 4.3 billion riyals.