MIDEAST STOCKS-Saudi rises to its best day in 7 months, leading Gulf rally - Reuters:
Saudi Arabia's stock market rose sharply
on Tuesday ahead of its introduction into the MSCI emerging
markets index after this session's close, while all major Gulf
bourses rallied.
Saudi's index rose 2% for its biggest single-day
gain since October 2018. Al Rajhi Bank increased 2.1%
and petrochemical maker Saudi Basic Industries added
2%.
The two stocks will be among the largest additions to the
MSCI emerging markets index measured by full company market
capitalization.
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