MIDEAST STOCKS-Jabal Omar up in Saudi, Drake and Scull heavily traded in Dubai | Reuters:
"Gulf stock markets were mixed in early Sunday trading in light volumes, with Dubai dragged down by real estate developer Emaar and the Saudi exchange trading up, supported by last week’s gains in oil prices. Brent crude futures fell 79 cents, or 1 percent, to settle at $78.51 a barrel on Friday, but prices had logged a sixth week of gains and broke through $80 a barrel last week for the first time since November 2014. In Saudi Arabia, where the index was up 0.5 percent after one hour of trading, most companies in the oil and gas and petrochemical sectors were higher, with Saudi Kayan Petrochemical up 0.6 percent."
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