march 22reuters  most stock markets in the gulf rose in early trade on wednesday mirroring gains in global peers ahead of the us federal reserves interest rate decision as worries on a banking crisis eased the markets are awaiting the outcome of the central bank meeting on wednesday with most analysts expecting the fed to raise rate by 25 bps and continue with its fight against inflation most gulf currencies are pegged to the us dollar while saudi arabia the united arab emirates and qatar usually mirror us monetary policy changes the qatari stock index qsi rose 07 with gains in most sectors led by finance and industry the regions largest bank qatar national bank and qatar international islamic bank gained 06 and 15 respectively while conglomerate industries qatar climbed 29 saudi arabias benchmark stock index tasi rose 04 lifted by gains across all sectors led by finance materials and energy with real estate developer retal urban adding 08 and oil giant saudi aramco rising 06 shares of gulf insurance group slipped 61 the sharpest intraday fall since may 16 after the insurer reported a 44 decline in a fullyear prezakat net profit in abu dhabi the benchmark stock index ftfadgi was up 02 aided by a 17 gain in alpha dhabi holding and 09 rise in first abu dhabi bank the largest lender in the united arab emirates dubais benchmark stock index dfmgi fell 03 in early trade weighed down by losses in finance and communication sectors with emaar properties dropping 05 and dubai commercial bank losing 21 telecom services provider emirates integrated telecommunications lost 31 the steepest intraday decline since may 12 as it was trading exdividend