Aug 1 (Reuters) - Most major stock markets in the Gulf rose in early trade on Sunday, with Abu Dhabi index hitting a record high, although Qatar bucked the trend to trade lower.
On Thursday, the telecoms firm reported quarterly net profit of 2.40 billion dirhams ($653.5 million), up from 2.39 billion dirhams a year earlier.
In a separate bourse filing, the firm also approved distribution of interim dividend of 40 fils per share for the first-half of 2021.
Among other gainers, First Abu Dhabi Bank (FAB.AD) gaining 0.5%, on course to extend gains from the previous session.
The United Arab Emirates' largest lender on Wednesday posted a net profit of 2.88 billion dirhams for the second-quarter, up from 2.4 billion a year earlier. read more
The bank's net impairment charges fell 36% to 677 million dirhams.
The petrochemical firm posted quarterly net profit of 829.9 million riyals ($221.3 million) compared to a loss of 99 million riyals year ago.
On the other hand, the Dubai Financial Market (DFM.DU) retreated 3.7% after reporting a sharp fall in second-quarter net profit.
($1 = 3.6726 UAE dirham)
($1 = 3.7503 riyals)
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