An electronic board displaying data is seen at the Doha Stock Exchange in Doha, Qatar January 6, 2021. REUTERS/Ibraheem Al Omari/File PhotoAug 6 (Reuters) - Qatar stock market closed higher on Sunday in response to rising oil prices amid supply cuts by top producers, while the Saudi index ended lower on weaker corporate earnings. The Qatari Stock index (.QSI) advanced 0.2%, ending two sessions of losses, with Baladna (BLDN.QA) climbing 3% and Qatar Fuel (QFLS.QA) gaining 1%. The index heavyweight Islamic banks Qatar Islamic Bank (QISB.QA) and Qatar International Islamic Bank (QIIB.QA) added 2.2% and 1.1% respectively. The food products distributor Halwani reported higher losses in second quarter compared to a year earlier.

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Persons: Al Omari, Halwani, Md Manzer Organizations: Doha Stock Exchange, REUTERS, Qatar, Qatar Islamic Bank, Qatar International Islamic Bank, Savola, Thomson Locations: Doha, Qatar, Saudi, Saudi Arabia, Russia, El Gadida, El