electronic boards showing stock information are pictured at the stock market in dubai united arab emirates november 5 2020 reutersabdel hadi ramahi june 27 reuters  major markets in the gulf rose on monday in line with asian stock markets on improved market sentiment with the dubai index leading the gains ahead of tecom groups ipo the prospect of more supply tightness loomed over the market as western governments sought ways to cut russias ability to fund its war in ukraine read more mscis broadest index of asiapacific shares miap00000pus was up 119 dubais main share index dfmgi advanced 11 boosted by a 27 rise in top lender emirates nbd enbddu and 1 increase in bluechip developer emaar properties emardu dubai business park operator tecom group set final price for its initial public offering at 267 dirhams per share implying a market capitalisation of aed 134 billion 365 billion in qatar the index qsi traded 08 higher led by a 21 surge in petrochemical maker industries qatar iqcdqa and a 23 jump in masraf al rayan markqa index heavyweight al rajhi bank 1120se and riyad bank 1010se jumped 16 and 17 respectively among other stocks saudi arabian refineries 2030se surged 52 after the company announced issuance of commercial registration for its subsidiary under the name alsado investment with a capital of 5 million riyals in abu dhabi the equities index ftfadgi rose 05 with the emirates biggest lender first abu dhabi bank fabad jumping 1 and abu dhabi ports adportsad up 22 however dana gas danaad fell 32 after it said that rockets landed within the khor mor block in the kurdistan region of iraq the company also said work on the km 250 expansion project has been temporarily suspended while security enhancements are carried out reporting by mohd edrees in bengaluru editing by barbara lewis