MIDEAST STOCKS-Bahri boosts Saudi Arabia, Egypt stays weak | Reuters:
"Oil shipper Bahri boosted Saudi Arabia's stock market early on Tuesday while Egypt's market remained weak.
The Saudi stock index added 0.9 percent as Bahri climbed 1.6 percent in unusually heavy trade. The company, which reported a 501 percent leap in third-quarter net profit last month, released details of its earnings late on Monday.
Petrochemical producer Saudi Basic Industries rose 1.4 percent and real estate developer Dar Al Arkan, which had dropped 2.3 percent on Monday after the cabinet announced plans for a tax on undeveloped land, rebounded 1.6 percent."
'via Blog this'
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