MIDEAST STOCKS-Volatile oil leaves Gulf mixed; Egyptians rush to buy Edita | Reuters:
"Most Gulf markets rose alongside oil on Thursday but fresh weakness in the commodity late in the day dampened sentiment in Saudi Arabia. Egyptian investors dumped most stocks in order to buy newly listed food maker Edita .
Brent oil rallied late on Wednesday and held near $57 per barrel early on Thursday, but then dropped 3 percent as investors appeared to be taking the view that nuclear talks with Iran would be successful, allowing more crude onto the market.
The main Saudi stock index, which had risen as much as 0.7 percent early in the day, closed 0.9 percent lower with most stocks in the red. Another factor that may have hurt local sentiment was an attack on Saudi Arabian border guards from Yemen which killed one and injured 10 people, according to the state-run Saudi Press Agency."
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