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DUBAI: Most Gulf stock markets ended higher on Sunday, extending gains from the previous session after temporary US tariff relief boosted sentiment, though global trade uncertainty remains a concern.
In a stunning reversal, US President Donald Trump on Wednesday announced a temporary lowering of hefty duties he had imposed on dozens of countries.
Saudi Arabia’s benchmark index gained 0.8%, helped by a 3.9% rise in Riyad Bank and a 0.4% increase in Al Rajhi Bank.