MIDEAST STOCKS-Banks aid Saudi; other markets mixed - Agricultural Commodities - Reuters:
The Saudi stock market rose in early trade on Thursday as most of its banks gained, while other major markets were mixed.
Saudi Arabia’s index was up 0.3% with Al Rajhi Bank , the sharia-compliant lender, adding 0.7% and Riyad Bank was up 1.6%.
Fitch in a note said profitability improved in 2018 at Saudi Islamic banks as these benefited from stronger growth opportunities but asset-quality challenges continued.
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