jan 25 reuters  qatars stock market on wednesday extended its winning streak to a fifth straight session to outperform the gulf region on strong earnings while abu dhabi stocks ended lower qatari index qsi rose 05 as financial and materials sectors gained the bank reported a more than 22 rise in annual net profit to 281 blnriyal 77198 million beating analyst expectations of a profit of 234 bln riyal it also raised annual cash dividend by 56 to 025 riyal per share compared with 2021 the benchmark index tasi in saudi arabia added 01 helped by gains in healthcare financial and materials stocks with dr sulaiman alhabib medical services 4013se surging 3 and dallah health 4004se rising 53 the oil giant saudi aramco 2222se ended its sixsession rally falling 03 while the worlds largest islamic bank by market capitalization al rajhi bank 1120se rose 04 crude prices a key catalyst for gulf financial markets steadied on wednesday after a decline in the previous session with brent crude up 7 cents or 01 at 8606 a barrel by 1227 gmt after declining 23 in the previous session abu dhabi stocks ftfadgi fell 04 with the countrys biggest lender first abu dhabi bank fabad dropping 18 and international holding ihcad sliding 02 uae conglomerate ihc is considering bidding for indian billionaire gautam adaniled adani enterprises adelns 200 billion rupee 245 billion followon sale of shares that began on wednesday the companys spokesperson said dubais benchmark index dfmgi lost 04 dragged down by fall in utilities financial and real estate sectors with dubai electric dewaadu falling 08 and emirates central cooling systems empowerdu dropping 13 while real estate heavyweight emaar properties emardu lost 02 outside the gulf egypts bluechip index egx30 climbed 21 continuing its rally since last wednesday the egyptian stock market continued to surge while international investors maintained their buying trend the market could continue to see benefits from the improving sentiment said fadi reyad chief market analyst at capexcom mena egypts economy will grow 48 in the current fiscal year faster than predicted by the government but will not meet its targets over the medium term a reuters poll showed on wednesday