MIDEAST STOCKS-Blue-chips lift Saudi, UAE's Aldar and Emaar climb:
"Saudi Arabia’s stock market rose on Wednesday, lifted by its expected inclusion in the secondary FTSE emerging market index, while United Arab Emirates’ markets were boosted by its top two property companies.
The Saudi index gained 0.5 percent to close at 7,762 points, backed by leading stocks that investors expect to attract foreign funds if the FTSE upgrade is confirmed at the end of this month.
Al Rajhi Bank rose 1 percent, with the stock going ex-dividend on Monday. National Commercial Bank added 0.9 percent and miner Ma’aden gained 2.6 percent while retail play Jarir rose by 3.2 percent."
'via Blog this'
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