MIDEAST STOCKS-Oil-linked stocks lift Saudi but retailers slump; Gulf firms | Reuters:
"Petrochemical shares helped buoy Riyadh's stock index on Thursday, but some domestic-focused shares fell after earnings missed estimates, while other Gulf stock markets ended the week on a high note ahead of quarterly results.
The Saudi petrochemical sub-index jumped 2.0 percent after Brent crude oil rallied overnight to hit a high of $46 a barrel. The overall Saudi stock index added 1.2 percent to 6,588 points, a 14-week closing high.
Rabigh Refining and Petrochemical Co (PetroRabigh) fell as much as 4.9 percent early on after the company reported a quarterly net loss of 32.7 million riyals ($8.7 million), versus a net profit of 205.4 million riyals a year earlier. But it closed 4.9 percent higher."
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