15-07-2015 11:30 via news.yahoo.com

MIDEAST STOCKS-Mixed earnings cap Saudi gains; Egypt extends recovery

DUBAI, July 15 (Reuters) - Saudi Arabia's stock market edged up slightly in early trade on Wednesday, reacting to a mixed set of earnings reports, while Egypt's bourse extended its recovery after Moody's said the outlook for its banks was improving. The main Saudi index added 0.2 percent as petrochemicals heavyweight Saudi Basic Industries climbed 0.7 percent and dairy firm Almarai rose 1.5 percent. Telecommunications operator Zain Saudi surged 5.1 percent after reporting a narrowing second-quar
Read more »