MIDEAST STOCKS-Saudi Cement producers extend rally; major Gulf markets rise - Reuters:
Saudi Arabia’s stock market inched up on Thursday, aided by a results-driven rally in cement producers for the third session, while most major Middle Eastern markets gained.
The Saudi Arabian index rose 0.4 percent, with Umm Al Qura Cement leading the gains at 6.5 percent after posting a significant rise in its first-quarter net profit.
Most cement producers in Saudi continued their rally after strong first-quarter results. Hail Cement rose 2.8 percent and Najran Cement 2.4 percent.
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