MIDEAST STOCKS-Petchems lift Saudi as oil recovers, Egypt edges up | Reuters:
"A rebound in oil prices helped lift Saudi Arabia's stock market in early trade on Wednesday while Egypt edged up in thin volume.
Riyadh's index was up 0.7 percent as the petrochemical sector recovered from the previous day's losses and rose 1.6 percent. Advanced Petrochemical added 2.0 percent, adding to a 1.0 percent gain on Tuesday, when it announced a 62.9 percent jump in first-quarter profit.
The telecommunications sector was another top gainer, with Zain KSA and Etihad Etisalat (Mobily) up 1.1 and 3.4 percent respectively."
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