electronic boards showing stock information are pictured at the stock market in dubai united arab emirates november 5 2020 reutersabdel hadi ramahi july 18 reuters  most stock markets in the gulf ended higher on monday as an uptick in oil prices lifted sentiment in the oilproducing region with the saudi index leading the gains crude prices a key catalyst for the gulfs financial markets extended gains on a weaker dollar and tight supplies as concerns deepened around gas shipments from russia read more the benchmark saudi arabian index tasi added 23 buoyed by a 33 rise in riyad bank 1010se and a 28 increase in banque saudi fransi 1050se the saudi market saw a positive performance after the us presidents visit and as oil prices rose said farah mourad senior market analyst of xtb mena however the market remains exposed to another round of price corrections since global economic conditions remain uncertain mourad added the recent pullback in oil prices and mounting recession fears had pushed the saudi index to its lowest in more than six months on thursday in dubai the main share index dfmgi rose 03 on the back of a 27 jump in bluechip developer emaar properties emardu on the other hand emirati supermarket chain union coop plunged about 9 in its market debut the company which operates 23 branches is the largest consumer cooperative in the uae according to its website the abu dhabi market ftfadgi edged 01 higher with the united arab emirates biggest lender first abu dhabi bank fabad rising 03 the qatari index qsi finished 1 higher driven by a 10 jump in qatar navigation milaha qnncqa after the shipping conglomerate won a more than 14 billion riyals 38462 million contract from qatarenergy outside the gulf egypts bluechip index egx30 gained 11 as most of the stocks on the index were in positive territory reporting by ateeq shariff in bengaluru editing by aditya soni