MIDEAST STOCKS-Egypt, Qatar gain on financials; cement makers lift Saudi - Reuters:
Egypt's blue-chip index and the Qatar
stock market rose modestly on Wednesday, buoyed by their
financial shares, while the Saudi index edged up on the back of
its cement producers.
The Egyptian index rose 0.9 percent, after its
largest lender Commercial International Bank increased
0.6 percent and Egypt Kuwait Holding rebounded 3.7
percent after trading ex-dividend on Tuesday.
Eastern Company inched up 0.1 percent. On Monday,
HC Research raised its rating on the cigarette maker to
'neutral' from 'underweight'.
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