MIDEAST STOCKS-Banks lift Saudi as most major Gulf markets rise - Reuters:
Saudi Arabia’s stock market rose in early trading on Monday helped by banking shares and increasing oil prices, while most major Gulf stocks advanced mirroring gains in global equities.
Asian stocks, riding a Wall Street rally, were cheered by China’s central bank decision to alter the way it sets a key interest rate benchmark, a move seen by analysts as reducing borrowing costs for companies.
Crude oil prices rose following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for any signs that Sino-U.S. trade tensions could ease.
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