MIDEAST STOCKS-Middle East joins global equities rally | Reuters:
"Stock markets across the Middle
East rose on Wednesday, moving in line with global equities and
largely ignoring oil prices, which gave up early gains and fell.
Global shares rose on Wednesday, led by an 8 percent surge
in Japanese stocks as the prospect of more economic stimulus
from China soothed investors rattled by recent market turmoil.
Saudi Arabia's stock index jumped 2.3 percent and
most stocks in Riyadh were positive. National Commercial Bank
, the kingdom's top lender, was one of the main
supports, jumping 3.2 percent. Another large lender, Al Rajhi
, climbed 2.6 percent."
'via Blog this'
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