MIDEAST STOCKS-Saudi down on lower oil prices; Emaar rebounds | Reuters:
Gulf markets opened mixed on Thursday as oil prices fell and investors found no local catalysts that would push the markets higher.
Brent had slumped on Wednesday $5.46 or 6.9 percent after United States President Donald Trump threatened new tariffs on China and Libya said it would resume oil exports. Prices recouped some losses on Thursday and traded around $74.50 by 0820 GMT.
The Saudi index lost 0.5 percent The main drag was petrochemical giant SABIC, which dropped 1.3 percent.
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