MIDEAST STOCKS-Mixed earnings cap Saudi gains; Egypt extends recovery | Reuters:
"Saudi Arabia's stock market edged up slightly in early trade on Wednesday, reacting to a mixed set of earnings reports, while Egypt's bourse extended its recovery after Moody's said the outlook for its banks was improving.
The main Saudi index added 0.2 percent as petrochemicals heavyweight Saudi Basic Industries climbed 0.7 percent and dairy firm Almarai rose 1.5 percent.
Telecommunications operator Zain Saudi surged 5.1 percent after reporting a narrowing second-quarter loss on Wednesday. The firm lost 201 million riyals in the three months to June 30, while analysts had forecast a loss of 259 million riyals."
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