MIDEAST STOCKS-Gulf bourses end higher on oil prices; profit-taking drags Egypt | Reuters:
"Gulf bourses benefited from recovering oil prices to all close higher on Tuesday, although Egypt's exchange stumbled for a second day as investors took profits from a rally inspired by future currency devaluation speculation.
Crude rose from the near-two-month lows hit the previous day: Brent crude was up $1.29 at $47.54 per barrel at 1218 GMT. U.S. West Texas Intermediate crude was up $1.10 at $45.86 a barrel.
The biggest swing came in Qatar, where the index had been trading as much as 0.9 percent down earlier in the day before closing up 0.4 percent at a fresh 11-week high."
'via Blog this'
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