MIDEAST STOCKS-Saudi rises in early trade; other markets little changed | Nasdaq:
Saudi Arabian shares rose in early trade on Thursday, on course to extend gains to a second straight session, while other major Gulf markets were little changed.
The kingdom's benchmark index .TASI gained 0.4%, with oil giant Saudi Aramco 2222.SE rising 1% and Al Rajhi Bank 1120.SE climbing 0.6%.
On Wednesday, Saudi Arabia's Capital Market Authority (CMA) said it would allow foreigners to invest directly in debt instruments, further opening the Saudi market to outside investors.
However, the index's gains were capped as Saudi British Bank 1060.SEdeclined 3.5% after Natwest Markets and Banco Santander sold a 1.5% stake in the bank.
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