MIDEAST STOCKS-Major Gulf markets gain in early trade - Reuters:
Major stock markets in the Gulf posted early gains on Wednesday, with real estate shares leading the Dubai index higher.
The benchmark index in Saudi Arabia, which traded after a five-session break, rose 0.3%.
Saudi Arabia’s non-oil private sector stabilised in July after four months of contraction, a survey showed on Wednesday, suggesting the worst of the disruption caused by the coronavirus pandemic may be over.
National Commercial Bank, the kingdom’s largest lender, advanced 1.4%. Saudi Aramco edged up 0.3%.
Aramco, which is scheduled to report its second-quarter earnings on Sunday, will delay the release of its September official selling prices for crude until early next week, Reuters reported on Tuesday, citing a person familiar with the matter.
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