MIDEAST STOCKS-Blue chips help Saudi stocks lead regional gains | Reuters:
"Saudi Arabia’s stock market led regional gains on Sunday as investors piled back into blue-chip stocks, while a slight retreat in oil prices from multi-year highs did little to deter buyers elsewhere in the Gulf. The Saudi index closed 1.4 percent higher, with Al Rajhi Bank - the kingdom’s second largest bank by assets and one of the main beneficiaries of a huge inflow of foreign money this year - climbing 1.5 percent. The largest, National Commercial Bank, climbed 3.0 percent. The other big gainer was the biggest petrochemical producer, Saudi Basic Industries, which added 1.6 percent."
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