Mideast Stocks: Banks aid Saudi gain, Dubai falls on real estate | ZAWYA MENA Edition:
Saudi stocks rose early on Monday, a day after falling to a one-month low, as banks rebounded and oil prices gained amid expectations that the kingdom will push OPEC to cut supply.
Saudi Arabia's index added 0.4 percent, with heavyweights Al-Rajhi Bank climbing 0.6 percent and National Commercial Bank rising 1.2 percent.
Stock market data on Sunday showed that qualified foreign investors were net sellers in the week to Nov. 15, extending a wave of sell-offs on concerns over Saudi Arabia's deteriorating relations with foreign governments after the killing of journalist Jamal Khashoggi.
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