MIDEAST STOCKS-Saudi rebounds on banks; most of Gulf moves little | Nasdaq:
Saudi Arabian shares rebounded on Monday, led by gains in banking shares and corporate earnings announcements, while other major Gulf bourses were little changed.
Saudi Arabia's benchmark index .TASI rose 0.8%, a day after it saw sharpest intraday fall since late August as Saudi Aramco disclosed its intention to list its shares on the domestic stock market.
National Commercial Bank 1180.SE increased 1.4% and Saudi British Bank 1060.SE advanced 3.2%.
Saudi Aramco IPO-ARMO.SE on Sunday announced its intention to float on the domestic stock market in what could be the world's biggest listing as the kingdom seeks to diversify its economy away from oil.
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