MIDEAST STOCKS-Wall Street surge buoys Gulf, Saudi banks strong | Reuters:
Saudi Arabia and other Gulf stock markets gained on Thursday as the sharp rebound on Wall Street overnight and Brent oil's recovery from below $50 a barrel lifted investor sentiment.
Saudi Arabia's index rose 0.5 percent with Al Rajhi Bank adding 1.1 percent.
Riyad Bank climbed for a fourth straight day, adding 1.3 percent. The stock has been buoyed by news of merger discussions with National Commercial Bank, the kingdom's biggest lender by assets, which edged down 0.3 percent.
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