Mideast Stocks: Rajhi leads Saudi morning jump, other markets firm | ZAWYA MENA Edition:
Saudi Arabia's stock market jumped in early Sunday trade on positive investor sentiment, higher oil prices and solid gains by blue chips, led by Al Rajhi Bank which announced a capital increase, while other markets rose slightly.
Oil rose nearly 2 percent on Friday after proposed trade talks between the United States and China eased some fears about a global economic slowdown.
The Saudi index, the region's biggest, jumped 1.2 percent to almost a three-week high. Out of 165 traded stocks, 112 advanced and 35 declined.
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