a trader looks on near electronic boards showing stock market data at bahrain bourse after joe biden won the us presidency in manama bahrain november 8 2020 reutershamad i mohammed march 17 reuters  middle east stock markets rose on thursday aided by higher oil prices after the international energy agency iea said oil markets could lose three million barrels per day of russian crude and refined products from april oil prices climbed as the benchmark brent crude futures gained 18 or 19 to 9986 a barrel by 0408 gmt after falling for three consecutive trading sessions read more the oil market largely shrugged off a move by the us federal reserve on wednesday to raise interest rates by onequarter of a percentage point as anticipated the qatari index qsi rose 06 aided by a 7 jump in investment holding group igrdqa after the real estate financier secured regulatory approval to buyout elegancia group qatar electricity and water company and mesaieed petrochemical holding mphcqa also boosted the index saudi arabias benchmark share index tasi edged 02 higher with gains driven by the middle east company for manufacturing and producing paper 1202se shares of the saudi arabiabased company which engages in the production of container board and industrial paper rose 4 after reporting fullyear sales of 106 billion riyals and posted a 17 rise in annual gross margins dubais main index dfmgi rose 02 financial heavyweights dubai financial market dfmdu and amlak finance amlkdu boosted the index the only major gulf index trading down was abu dhabis index ftfadgi which lost 05 in early deals hit by a 15 fall in the countrys largest lender first abu dhabi bank fabad reporting by karina dsouza in bengaluru editing by toby chopra