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MIDEAST STOCKS-Major Gulf markets gain; ex-dividend stocks drag down Qatar

Mar 02, 2021 - Nasdaq

By March 2 (Reuters) - Most Gulf stockmarkets ended higher on Tuesday, led by gains in financial and property stocks, but the Qatari index was pressured by a slew of blue-chips trading ex-dividend.

Saudi Arabia's benchmark index .TASI climbed 1.2%, outperforming the region, boosted by a 2.5% rise in Al Rajhi Bank 1120.SE and a 3.3% jump in National Commercial Bank 1180.SE, the kingdom's largest lender.

However, oil behemoth Saudi Aramco 2222.SE eased 0.1%.

In Qatar, the benchma...