Mideast Stocks: Saudi rises to three-month high, Dubai continues to gain | ZAWYA MENA Edition:
The Saudi stock market climbed to its highest level in three months on Tuesday while other major Middle Eastern markets, except Dubai, were subdued.
The Saudi index inched up 0.2 percent, with Al Rajhi Bank and Riyad Bank both adding 0.3 percent.
Nama Chemicals jumped 6.2 percent in active trade after the Capital Market Authority approved a request to increase the company's capital through a rights issue valued at 200 million riyals ($53.32 million).
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