Mideast Stocks: Gulf rises on strong oil, global markets | ZAWYA MENA Edition:
"Gulf stock markets rose in early trade on Sunday in response to gains in global bourses and oil prices at the end of last week, with Saudi Arabian petrochemicals in particular climbing because of Brent crude oil's rebound to the $67 a barrel level.
The Saudi stock index added 0.3 percent in the first half-hour with 13 of 14 petrochemical stocks rising.
Saudi Kayan Petrochemical 2350.SE gained 0.5 percent after swinging to a fourth-quarter loss of 220 million riyals ($58.7 million) because of scheduled maintenance at its plants."
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