MIDEAST STOCKS-Oil lifts Saudi to 5-month high, most Gulf markets up | Reuters:
Saudi Arabia's stock market climbed to a five month high on Wednesday, while most major Gulf markets also gained as oil prices rose 2 percent on optimism over U.S.-Chinese trade talks.
Both crude price benchmarks added to Tuesday's gains and have now been on the rise for eight straight days - their longest rally since June 2017.
The Saudi index rose 1.1 percent, helped by bank and petrochemical stocks. Market heavyweight Saudi Basic Industries added 1.5 percent and Al Rajhi Bank was up 1.4 percent.
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