MIDEAST STOCKS-Gulf mixed, Egypt rebounds; UAE's Etisalat tumbles | Reuters:
"Gulf stock markets diverged on Wednesday, reflecting a mixed global backdrop and contrasting corporate earnings, while Egypt's bourse jumped after a string of positive news.
Chinese stock indexes, which had tumbled earlier this week, rebounded, easing the jitters of investors globally. But Brent crude oil prices, to which the Gulf oil exporting states are sensitive, were down 0.5 percent at $53.06 per barrel.
Saudi Arabia's main stock index edged up 0.2 percent, supported by lenders such as Saudi British Bank , which jumped 2.5 percent, and Al Rajhi Bank , which rose 0.5 percent."
'via Blog this'
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