MIDEAST STOCKS-Gulf bourses edge higher after oil firms | Reuters:
"A rebound in oil prices to more than $41 a barrel last week helped to lift major Gulf stock markets in early trade on Sunday.
The petrochemicals industry was an obvious beneficiary, with a 2.6 percent gain for Saudi Basic Industries helping to lift the kingdom's petrochemicals index by 2.1 percent while the market's main index rose 1.2 percent in early trade.
Almarai, the Gulf's largest dairy producer, was another gainer, rising 1.8 percent after reporting a slightly better than expected rise in first-quarter net profit in challenging market conditions."
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