MIDEAST STOCKS-Saudi's SABIC loses steam, ex-dividend stocks hit Abu Dhabi | Reuters:
Saudi Arabia's stock market rose on Thursday aided by its banks, even as Saudi Basic Industries (SABIC) gave up most of its early gains spurred by news of Aramco's purchase of a large stake in the petrochemicals group.
Abu Dhabi edged down as some stocks traded ex-dividend.
Saudi Arabia's index was up 0.3 percent with Al Rajhi Bank adding 1 percent and National Commercial Bank rising 2 percent.
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