MIDEAST STOCKS-Saudi stocks lifted by oil rise, SABIC-Clariant partnership | Reuters:
Saudi Arabia’s stock market closed higher on Tuesday, buoyed by rising oil prices and more details on Saudi Basic Industries Corp’s (SABIC) partnership with Switzerland’s Clariant.
Other Gulf markets closed mostly lower.
In Egypt, the stock index was flat, closing up 0.02 percent after tumbling to its lowest level this year on Monday due to fallout from the arrest of ousted President Hosni Mubarak’s two sons on charges of stock market manipulation.
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