MIDEAST STOCKS-Middle Eastern stocks gain on financials, Kuwait leads - Reuters:
Gulf stock markets closed higher on Tuesday with Kuwait
leading the gains, bolstered by banking shares amid rising oil prices, while
Egypt was supported by top lender Commercial International Bank.
Oil prices rose snapping four straight days of declines as the United States
and China prepared to sign a preliminary trade deal.
Brent crude gained 43 cents, or 0.67%, at $64.63 per barrel by 1036
GMT. U.S. West Texas Intermediate crude futures rose 32 cents or 0.4% at
$58.40 a barrel.
Saudi Arabia's index was up 0.4%. Al Rajhi Bank gained
0.8%, while
petrochemical firm Saudi Basic Industries added 0.5%.
State-owned oil giant Saudi Aramco closed up 0.3% at 34.9 riyals,
offsetting earlier losses during the day.
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