MIDEAST STOCKS-Most Gulf markets bounce back from early losses, Kuwait rallies - Reuters:
Most Gulf markets recovered from earlier
losses on Monday to close higher, with Saudi lifted by financial
shares and Kuwait rising for the eighth straight session
following MSCI's decision to include the country in its main
emerging markets index.
The Saudi index gained 0.2% with Al Rajhi Bank
rising 0.6% and Riyad Bank adding 1.7% after
its board proposed a higher dividend for the first-half of the
year.
The market is up nearly 13% so far this year in a rally led
by foreign investors.
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