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Reuters
DUBAI
Most stock markets in the Gulf made small gains on Thursday, recovering some of the week's losses, but trading volumes remained very low. Egypt rebounded as foreign funds bought shares there.
In Qatar, the index advanced 0.5 percent with 70 percent of traded shares gaining. Islamic lender Masraf Al Rayan was the top performer, climbing 2.8 percent.
The Saudi stock index climbed 0.7 percent as the petrochemical sector regained some of the previous session's heavy losses, after Brent oil bounced from a four-month low hit on Wednesday. Saudi Kayan Petrochemical rose 1.3 percent.
Egypt's index climbed 1.2 percent with trading volume nearly doubling from the previous session as foreign funds were net buyers of equities, exchange data showed.
Dubai builder Drake & Scull climbed 2.2 percent after it sold its ownership stake in a Dubai development project, One Palm, to Omniyat Properties, its partner in the scheme.
