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Major Gulf markets ease in early trade; Qatar rises SECTIONS Last Updated: Dec 15, 2020, 02:19 PM IST Share Synopsis Saudi Arabia s benchmark index slipped 0.1%, with Riyad Bank declining 1.2% and Jabal Omar Development dropping 1.8%. Getty Images Dubai s main shares index lost 0.5%, with its largest lender Emirates NBD Bank falling 0.9% and Emaar Properties losing 1.4%. Most major stock markets were subdued in early trade on Tuesday as oil prices weakened, while Qatar s index was supported by financial shares. Saudi Arabia s benchmark index slipped 0.1%, with Riyad Bank declining 1.2% and Jabal Omar Development dropping 1.8%. Oil prices, a key catalyst for Gulf markets, edged down as tighter lockdowns in Europe and an OPEC forecast for a slower recovery in demand next year outweighed relief from the roll-out of COVID-19 vaccines.

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