Saudi marketUpdated November 5

Saudi stocks rise 1.1% in early Thursday trading as most Gulf markets gain.

Saudi Arabia’s benchmark rose 1.1% in early Thursday trading, Asharq Al-Awsat reported. Dubai gained 0.2% and Qatar 1.4%, while Abu Dhabi fell 0.1%. The newspaper said investors were betting that Republican losses in this week’s US midterm elections might reduce the risk of a broader conflict with Iran; this was an investor expectation, not an established cause of the market moves.

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Coverage started November 5