MIDEAST STOCKS-Most of Gulf gains despite weaker oil; Egypt recovers | Reuters:
"Investors in most Gulf stock markets shrugged off further losses in oil prices on Monday, while foreign buyers helped to lift Egypt's bourse.
Riyadh's index recouped most of the previous day's drop and rose 1.4 percent, as local retail investors bought back speculative stocks that they had dumped on Sunday. The insurance sub index jumped 2.3 percent after tumbling 3.5 percent on the previous day.
The petrochemical sector also rebounded, adding 1.5 percent as Saudi Basic Industries, the largest listed petrochemical producer, added 2.0 percent."
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