(Reuters) - Major Gulf markets ended mixed on Tuesday, with financial shares weighing on the Saudi index, while property shares boosted Qatar’s benchmark.
FAB, the United Arab Emirates’ largest lender, has hired banks to arrange an investor call ahead of an issuance of U.S. dollar-denominated bonds, a document showed.
The planned Additional Tier 1 perpetual bonds are not callable for six years, the document showed.
Gulf Warehousing Co GWCS.QA, which is not part of the index, jumped 6.4%, after the firm was approved as first regional supporter and official logistics provider for FIFA World Cup Qatar 2022.
SAUDI ARABIA .TASI lost 0.6% to 8,245 points
ABU DHABI .ADI added 0.1% to 4,498 points
DUBAI .DFMGI fell 0.3% to 2,264 points
QATAR .QSI gained 0.8% to 9,841 points
EGYPT .EGX30 up 0.5% to 10,963 points
BAHRAIN .BAX rose 0.2% to 1,443 points
OMAN .MSI was flat at 3,627 points
KUWAIT .BKP was up 1% at 6,179 points
Reporting by Ateeq Shariff in Bengaluru; Editing by Tomasz Janowski
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