Stock markets in the Gulf ended mixed on Wednesday, ahead of a potentially large interest rate hike by the U.S. Federal Reserve.
Oil prices, a key catalyst for the Gulf’s financial markets, fell on concerns about fuel demand and global economic growth.
The Qatari index dropped 0.8%, weighed down by a 3.2% fall in Commercial Bank.
In Abu Dhabi, the index added 0.4%, helped by a 0.6% rise in telecoms firm .
Dubai’s main share index advanced 1.2%, boosted by sharia-compliant lender Dubai Islamic Bank 2.3% rise.