MIDEAST STOCKS-Robust volumes push major bourses higher | Reuters:
"Strong trading volumes helped lift major stock markets in the Middle East on Monday as investors were encouraged by the recovery in oil prices and firmer global bourses.
Riyadh's stock index gained 1.7 percent, lifted by the petrochemical sector, which jumped 3.5 percent. Saudi Basic Industries (SABIC), the largest listed petrochemical producer, rose 3.9 percent. Brent oil futures were trading above $34 a barrel when the bourse closed.
Most small and mid-cap stocks in the insurance sector climbed as local traders accumulated shares. Insurers SABB Takaful and AlAhli Takaful surged 9.6 and 4.0 percent respectively."
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