Updates to closing prices, analyst comment

By Ateeq Shariff

July 2 (Reuters) - Most Gulf stock markets ended lower on Thursday after Iran and the United States wrapped up a round of indirect talks with no sign of progress toward a lasting peace agreement.

Iranian and U.S. negotiators spent two days in Doha addressing maritime traffic in the Strait of Hormuz and the unfreezing of Iranian assets, two central elements of the initial accord, according to sources familiar with the talks.

The next round of negotiations will take place after funeral rites for Iran's late Supreme Leader Ayatollah Ali Khamenei, who is set to be laid to rest on July 9, Qatar's Foreign Ministry said.

Saudi Arabia's benchmark index .TASI eased 0.3%, with Saudi Arabian Mining Company 1211.SE losing 1.3%.

Meanwhile, speaking in Washington, U.S. President Donald Trump said negotiations were advancing on possible restrictions to Iran's nuclear program, the main issue underpinning the war launched by the United States and Israel in February.

"The denuclearization of Iran is moving along well," he said. "They've had very good meetings, and we'll see."

Dubai's main share index .DFMGI dropped 0.3%, hit by a 2.2% slide in toll operator Salik Co SALIK.DU.

Investors continue to monitor developments in U.S.-Iran talks, with indications that dialogue between the two sides remains ongoing providing some support to market sentiment.

However, lingering uncertainty is likely to keep investors cautious, potentially limiting the scope for a strong rebound, said Milad Azar Market analyst at XTB MENA.

In Abu Dhabi, the index .FTFADGI was up 0.2%.

The Qatari index .QSI lost 0.8%, weighed down by a 1.7% fall in the Gulf's biggest lender Qatar National Bank QNBK.QA.

Outside the Gulf, Egypt's blue-chip index .EGX30 edged 0.1% higher.

SAUDI ARABIA	.TASI fell 0.3% to 10,827
ABU DHABI	.FTFADGI rose 0.2% to 9,810
DUBAI	.DFMGI down 0.3% to 5,991
QATAR	.QSI dropped 0.8% to 10,211
EGYPT	.EGX30 added 0.1% to 50,533
BAHRAIN	.BAX eased 0.3% to 2,036
OMAN	.MSX30 gained 0.2% to 7,575
KUWAIT	.BKP lost 0.1% to 9,093