MIDEAST STOCKS-Major markets gain slightly, Saudi banks rebound | Reuters:
"A rebound in the banking sector buoyed Saudi Arabia's bourse on Wednesday and other Gulf bourses also rose, with Dubai's Shuaa Capital surging on hopes that potential buyers of a stake in it had placed high bids.
Saudi banking shares, which were among the market's worst performers in May, attracted buying on dips as Saudi British Bank (SABB) jumped 3.2 percent. Riyadh's main stock index edged up 0.2 percent.
Healthcare and education shares were also strong with Al Hammadi Co, the medical equipment supplier, adding 2.2 percent. The only listed education stock, Al Khaleej Training and Education, rose 3.1 percent."
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