MIDEAST STOCKS-Gulf markets upbeat; Dubai's Emaar surges | Reuters:
"Strong earnings lifted stock markets in Saudi Arabia and Oman in early trade on Thursday, while Emaar Properties supported Dubai's index after it announced a planned exit from an Indian partnership.
Saudi's Yanbu (Yansab) jumped 3.9 percent after the petrochemical firm reported a 41 percent jump in net profit to 401.9 million riyals ($107.21 million), beating analysts' average forecast of 310.8 million riyals. Yanbu is the second petchem to report quarterly earnings this season.
Shares in Saudi Basic Industries, which has a stake of over 50 percent in Yansab, were up 0.3 percent.
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'via Blog this'
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