MIDEAST STOCKS-Banks elevate Saudi index; other Gulf markets mixed - Agricultural Commodities - Reuters:
Saudi Arabia’s stock market rose in early trade on Monday, supported by banking stocks, while real estate stocks led the losses in Dubai.
In Saudi Arabia, the benchmark index gained 0.6% with Al Rajhi Bank increasing 0.8% and National Commercial Bank adding 1.3%.
Among other stocks, Mediterranean And Gulf Cooperative Insurance And Reinsurance leapt 3%, a day after it signed a health insurance contract with Saudi Electricity .
Saudi Industrial Export was up 0.8%, following its board approval on Sunday, to open a branch in Baghdad.
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