MIDEAST STOCKS-Positive earnings end Saudi losing streak, COMI weighs on Egypt - Reuters:
Strong corporate earnings helped Saudi
Arabia's stock market snap five days of losses, while top lender
Commercial International Bank weighed on the Egyptian bourse.
In Saudi Arabia, the index bounced back 0.4%, with
Saudi Arabian Mining Company jumping 6.5%, and Sahara
International Petrochemical (SIPCHEM) climbing 5.2%
after it reported flat quarterly profit of 210.9 million riyals
($56.2 million) beating EFG Hermes' forecast of 188 million.
Jabal Omar Development was up 2.7% after it swung
to second quarter profit, which it credited to higher revenue.
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