MIDEAST STOCKS-Petrochemical stocks lift Saudi market, rest of Gulf sluggish | Reuters:
"Petrochemical stocks and shares expected to benefit from Saudi Arabia's economic reform plans lifted the Riyadh market on Wednesday, while other Gulf bourses were sluggish.
Saudi Basic Industries was up 1.8 percent as Brent oil rose to a five-month peak of $46.49 a barrel overnight. The main Saudi stock index added 0.7 percent.
Al Tayyar Travel jumped 3.9 percent in unusually heavy trade. The reform plan unveiled this week stressed developing the tourism sector, though no details were given."
'via Blog this'
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