Major stock markets in the Gulf were mixed in early trade on Monday, even as oil prices gained after a drone attack killed three U.S. troops in Jordan.
Oil prices, a catalyst for the Gulf's financial markets, rose slightly with Brent trading at $83.91 a barrel by 0800 GMT.
The attack on U.S. troops in a drone strike in Jordan raised concerns of a wider conflict in the Middle East. Saudi Arabia's benchmark stock index (.TASI), opens new tab was up 0.3%, with media firm MBC Group (4072.SE), opens new tab climbing 2.3% and Saudi Arabian Mining (1211.SE), opens new tab gaining 2.1%.
Dubai's benchmark stock index (.DFMGI), opens new tab rose 0.1%, supported by an increase of 1.5% in tolls operator Salik Co (SALIK.DU), opens new tab and 0.8% gain in its largest lender Emirates NBD (ENBD.DU), opens new tab.
In Abu Dhabi, the benchmark stock index (.FTFADGI), opens new tab retreated 0.3%, with UAE's largest lender First Abu Dhabi Bank (FAB.AD), opens new tab dropping 1.2% and Multiply Group (MULTIPLY.AD), opens new tab sliding 1.4%.
The Qatari benchmark index (.QSI), opens new tab was down 0.2%, weighed down by a loss of 0.9% in Qatar Islamic Bank (QISB.QA), opens new tab and a 1.3% drop in Commercial Bank