Most stock markets in the Gulf ended higher on Thursday amid rising oil prices but the gains were limited after a surprise interest rate hike by Bank of Canada brought back fears that U.S. rates could stay higher for longer.
Stock markets in Saudi Arabia and Qatar rose in early trade on Wednesday ahead of a widely expected interest rate hike pause by the U.S. Federal Reserve, although other major markets were subdued on falling oil prices.
Saudi Arabia's stock market edged higher in early trade on Tuesday amid hopes of a pause in rate hikes by the U.S. Federal Reserve, although falling oil prices limited gains.