25-10-2016 15:21 via news.yahoo.com

MIDEAST STOCKS-Banking shares buoy Saudi, EFG Hermes gains on U.S. expansion

* All 12 listed Saudi lenders climbed * Petrochemical shares firmed as crude prices stabilised * ADIB falls on flat Q3 net profit, FGB drops ahead of earnings * Profit taking hits Dubai's DXBE * EFG Hermes jumps on opening permanent U.S office * Egypt's Juhayna Food gains on company's new strategy By Celine Aswad DUBAI, Oct 25 (Reuters) - Banking shares boosted Saudi Arabia's stock market on Tuesday while the majority of other Gulf markets sagged on uninspiring quarterly results. Egypt recovered
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