As the earnings seasons approaches its end, investors from Kuwait to Dubai preferred wait-and-see approach on Monday.

The Bahrain All-Share Index in Manama and the Dubai market measure DFMGI fell 0.10 percent to close at 1,101.60 and 1,944.01, respectively.

At Dubai's international market NASDAQ Dubai, the FTSE NASDAQ Dubai UAE 20 Index ended up 0.36 percent at 2,198.30.

In Abu Dhabi, the ADX General Index gained slightly, consolidated above its three-year high at 3,034.66 points or up 0. 20 percent.

Elsewhere in the region, the Tadawul All-Share Index closed flat at 7,042.42 points. The world's third largest petrochemicals producer Sabic ended likewise unchanged at 92.75 Saudi riyal (25. 04 U.S. dollars).

Islamic insurance firm Weqaya Takaful plummeted 8 percent to 44. 90 Saudi riyal (12.12 dollars). Earlier in the day, Weqaya said the net profit for 2012 was 8.63 million Saudi riyal (2.31 million dollars), down from 39.92 million Saudi riyal (10.77 million dollars).

The Kuwait Stock Exchange saw its main gauge closing insignificantly higher at 6,381.74, albeit oil prices (DME Oman crude) added 0.29 dollars to hit 109.72 dollars.