MIDEAST STOCKS-Gulf surges on strong oil, bank earnings; Egypt up | Reuters:
"Major Middle East stock markets rose on Wednesday as a leap in oil prices boosted petrochemical and energy-related shares across the region.
Egypt ended a three-day losing streak as emerging markets gained globally.
Brent crude jumped 5.4 percent on Tuesday, closing above $50 a barrel for the first time in a month, and rose further to $52.90 during the Gulf day on Wednesday."
'via Blog this'
"Major Middle East stock markets rose on Wednesday as a leap in oil prices boosted petrochemical and energy-related shares across the region.
Egypt ended a three-day losing streak as emerging markets gained globally.
Brent crude jumped 5.4 percent on Tuesday, closing above $50 a barrel for the first time in a month, and rose further to $52.90 during the Gulf day on Wednesday."
'via Blog this'
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