MIDEAST STOCKS-Gulf edges up in thin trade after global environment improves | Energy & Oil | Reuters:
"Gulf stock markets edged up in early trade on Wednesday after the global market environment improved, but modest trading volumes indicated investors were not prepared to bet on an extended rally.
Regional stocks sank on Tuesday because of weak oil prices and a sell-off across emerging markets, especially in commodity-related shares.
But on Wednesday, oil was roughly where it was on Tuesday afternoon in the Gulf, with Brent crude just below $48 a barrel, while MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.9 percent."
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