MIDEAST STOCKS-UAE, Saudi rise on banks; Industries Qatar weighs - Reuters:
Most major Gulf stock markets rose on Tuesday led by financial stocks, though Qatar was marginally lower, weighed down by heavyweight Industries Qatar.
Saudi Arabia’s main index lifted 0.4%, its seventh straight rise on the back of banks. The index has been up since EFG Hermes forecast the kingdom’s financial sector would see 7.6% growth in second-quarter profit, year-on-year .
Al Rajhi Bank gained 0.4%, while National Commercial Bank was up 0.7%.
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