MIDEAST STOCKS-Saudi, Egypt surge more than 3 pct in early trade | Reuters:
"Saudi Arabia and Egypt's stock markets rebounded more than 3.0 percent in early trade on Sunday, as investors took solace in the end of week rebound in oil prices and global bourses.
Saudi's index surged more than 6.0 percent in the opening minutes of trade and touched 5,834 points, before falling back to 5,680 points, but was still up 4.0 percent.
Petrochemical stocks, which have been battered by weakness in oil prices, carried the bourse higher. The sub-sector index climbed over 6.5 percent in first 10 minutes of trade."
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