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ACGC.CA  5.67    1.07%      AFDI.CA  12.02    1.52%      APSW.CA  2.71    1.88%      COMI.CA  73.35    0.87%      EFIC.CA  16.93    1.93%      EGTS.CA  1.55    2.65%      EHDR.CA  5.13    2.40%      EKHO.CA  0.80    -1.23%      ELEC.CA  0.89    3.49%      ELKA.CA  14.98    0.00%      EMOB.CA  128.73    1.83%      EPCO.CA  2.30    0.00%      ESRS.CA  19.59    0.98%      ETEL.CA  13.49    -0.37%      HRHO.CA  23.27    0.00%      IFAP.CA  2.38    2.15%      KABO.CA  1.49    0.68%      MNHD.CA  10.29    1.78%      MOIL.CA  0.28    3.70%      NCGC.CA  6.55    0.00%      OCDI.CA  19.54    0.41%      OCIC.CA  217.47    0.00%      ORTE.CA  4.42    1.38%      PHDC.CA  4.06    1.50%      PIOH.CA  8.47    0.59%      SPIN.CA  2.05    1.49%      SVCE.CA  5.49    2.23%      SWDY.CA  136.72    0.80%      TMGH.CA  10.22    1.89%      UEGC.CA  0.77    1.32%      
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Oil lifts Saudi to 5-month high, most Gulf markets up



Saudi Arabias stock market climbed to a five month high on Wednesday, while most major Gulf markets also gained as oil prices rose 2 percent on optimism over U.S.-Chinese trade talks.
Both crude price benchmarks added to Tuesdays gains and have now been on the rise for eight straight days - their longest rally since June 2017.
Al Ahsa Development gained 2 percent after signing an agreement to buy a 25 percent stake in Twareat Medical Center for 15 million riyals ($4 million).
Qatars index was up 0.7 percent, lifted by gains in Qatar Islamic Bank and Industries Qatar, which rose 1.8 percent and 1.2 percent, respectively.
The Egyptian blue-chip index edged down 0.3 percent, pressured by its biggest listed lender, Commercial International Bank, which slid 2.1 percent. Commercial International has the biggest weighting in the index.
The Dubai index climbed 0.4 percent, aided by property shares. The emirates largest listed developer, Emaar Properties, added 2 percent and Dubai Investments rose 0.8 percent.
Dubais weak real estate market was a big drag for property stocks last year. The downturn is forcing construction and engineering firms to cut jobs and halt expansion plans, raising risks for the wider economy.
Abu Dhabis index was up 0.5 percent, with the regions largest bank, First Abu Dhabi Bank, rising 0.8 percent, and Emirates Telecommunications edging up 0.4 percent.
SAUDI ARABIA The index rose 1.1 pct to 8,147 points
DUBAI The index gained 0.4 pct to 2,540 points
QATAR The index was up 0.7 pct at 10,535 points
ABU DHABI The index added 0.5 pct to 4,953 points
EGYPT The index slid 0.3 pct to 13,366 points
KUWAIT The index lost 0.3 pct to 5,387 points
OMAN The index was flat at 4,311 points
BAHRAIN The index gained 0.5 pct to 1,338 points




Time Added: 2019-01-10 09:15:58
Source: arabfinance
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