MIDEAST STOCKS-Petrochemicals lift Saudi, rest of region sluggish | Reuters:
"Petrochemical stocks and a few shares expected to benefit from Saudi Arabia's economic reform plans lifted the Riyadh market on Wednesday while other Gulf bourses were sluggish.
The main Saudi stock index added 0.9 percent as the biggest petrochemical maker, Saudi Basic Industries, gained 1.5 percent after Brent oil rose as high as $47.05 a barrel, its highest this year.
Another producer, Saudi Kayan, was the most heavily traded stock and rose 5.2 percent.
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