MIDEAST STOCKS-Banks elevate Saudi, blue-chips lift Egypt | Reuters:
Saudi Arabia's stock market rose on Wednesday, boosted by its bank shares, while Egypt's index was lifted by its blue-chip stocks, mirroring a gain in emerging markets.
Saudi Arabia's index rose 0.7 percent with Banque Saudi Fransi rising 5.2 percent.
Riyad Bank continued to rise, adding 4.5 percent. The lender had picked Goldman Sachs to advise on its merger talks with National Commercial Bank (NCB), Reuters reported, citing sources familiar with the matter. NCB shed 0.4 percent.
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