MIDEAST STOCKS-Gulf boosted by stronger oil; Egypt starts rebounding | Reuters:
"Major Gulf stock markets rose on the back of stronger oil prices on Tuesday, while Egypt began rebounding after a three-week bout of heavy profit-taking.
Brent crude jumped nearly 6 percent on Monday to $58.24 a barrel, its highest since March 27, although it partially dropped back to $57.52 on Tuesday.
That was enough to trigger a 2.1 percent rise in the Saudi stock index to 8,802 points as daily turnover more than doubled. The index rose further from chart support at the March low of 8,497 points, which was tested and held on Sunday, and may now be at least a short-term bottom for the market."
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