DUBAI: Major Middle Eastern stock markets fell on Sunday.

The Saudi stock index dropped 1.1 percent to 7,046 points, nearing technical support at its August low of 6,921 points.

Alinma Bank slid 3.3 percent and Emaar Economic City, developer of a major industrial zone, lost 2.6 percent. However, petrochemical blue chip Saudi Basic Industries Corp. rose 0.6 percent.

Investment firm Kingdom Holding climbed 2.0 percent after saying it would sell its 29.9 percent stake in media firm Saudi Research and Marketing Group for SR837.2 million ($223 million) in a private off-market transaction at SR35 per share.

The Dubai stock index sank 2.1 percent to 3,431 points, breaking technical support around 3,500 points, which had supported it since early September. The market's next chart support is the August low at 3,241 points.