MIDEAST STOCKS-Saudi firms as Brent settles above $30; Egypt up in modest volumes | Reuters:
"Saudi Arabian stocks firmed up on Thursday as oil prices held above $30 a barrel, while Egypt edged higher on modest volumes.
Brent futures were holding above $33, having risen 4 percent on Wednesday after Russian officials said they should talk to Saudi Arabia and other OPEC countries about output cuts to bolster prices.
Saudi petrochemical stocks made solid gains in early trade, with Saudi Basic Industries, the largest petrochemical stock by market value, rising 2.6 percent. The sub-index was up 2.6 percent, underpinning a 2.1 percent rise in Riyadh's bourse."
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