Variation in the performance of the Gulf stock exchanges .. Banking shares fall due to profit taking

Stock markets in the Gulf closed mixed yesterday with the rise of oil prices due to new diplomatic efforts to resolve the Ukraine crisis, but bank shares fell amid profit-taking sales.
In Abu Dhabi, the main stock index closed 1.2 percent down to 9044 points, affected by a 2.4 percent drop in the shares of First Abu Dhabi Bank, the largest bank in the UAE.
Agthia shares fell 1.01 percent, “Al-Dur Real Estate” 0.71 percent, “Etisalat” 0.84 percent, “Fertglobe” 0.5 percent, “Julphar” 5.33 percent, and “Waha Capital” 0.61 percent. .
The main index of shares on the Dubai Stock Exchange closed down 0.5 percent to 3,311 points, affected by a decline of about 1.8 percent in the shares of “Emaar Properties”. “Dubai Islamic” shares fell 0.16 percent, “Dubai Financial” 3.34 percent, “Emaar Development” 0.45 percent, “Tabreed” 1.58 percent, and “Union Properties” 1.08 percent.
The main index of Qatari stocks ended the session stable, with the market attracting gains in financial stocks and declines in energy stocks.
The session witnessed a rise in three sectors, led by insurance, followed by real estate, banks and financial services, while the transport, merchandise, industry, and communications sectors declined.
The Bahrain index rose 0.17 percent, to 1933 points, with the support of the telecommunications and basic materials sectors.
The Muscat index fell 0.09 percent to 4,084 points, and the general index was affected by the decline in the leading shares, the negative performance of the combined sectors, and services provided by 0.56 percent, and the leading “Phoenix Energy” topped the declining shares by 6 percent, and “Omani Engineering” decreased 2.52 percent. .
The Kuwait index rose 0.8 percent to 8,284 points, and six sectors rose to the fore in financial services, with a growth of 2.27 percent, while five sectors led by insurance declined by 0.68 percent, while the utilities and technology sectors stabilized.
In Cairo, the leading stock index in the Egyptian Stock Exchange closed up 1.1 percent, with the share of Commercial International Bank rising 1.6 percent.