MIDEAST STOCKS-Saudi market rebounds on banks, oil prices:
"Saudi Arabia’s stock market rebounded on Monday as higher oil prices boosted petrochemical shares while banks rose in response to Alinma Bank’s better-than-expected earnings. The main Saudi index gained 0.6 percent as tensions between Baghdad and Iraqi Kurdistan lifted oil sharply. PetroRabigh rose 2.1 percent and Petrochem added 1.2 percent, while mining firm Ma‘aden was up 2.1 percent. Alinma Bank jumped 5.1 percent and was the most heavily traded stock; it reported third-quarter net profit of 542 million riyals ($145 million), up from 312 million riyals a year ago. Analysts had on average forecast 493 million riyals."
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