Mideast Stocks: Qatar leads most of Gulf higher; Abu Dhabi dips

Mideast Stocks: Qatar leads most of Gulf higher; Abu Dhabi dips

Most major Middle Eastern markets ended higher on Sunday, with Qatar outperforming the region driven by broad-based gains as financial shares led the pack.In Qatar, the index rose 1.2%, boosted by a 2.1% rise in the Gulf's largest lender Qatar National Bank and a 10% surge in United Development Company.Saudi Arabia's benchmark index rose 0.8%, with Al Rajhi Bank 1120.SE gaining 0.9% and Dr Sulaiman Al-Habib Medical Services jumping 3.5%.Elsewhere, Saudi Electricity Company (SEC) was up 0.5%. SEC, the kingdom's electricity transmission monopoly, sold $1.3 billion in dual-tranche green sukuk, or Islamic bonds, the first public green issuance from the region this year. The deal comes amid a flurry of debt issues, as Gulf borrowers - particularly governments - seek to plug finances that have been hit by the double blow