MIDEAST STOCKS-Gulf stocks may rise on oil, earnings expectations

April 12, 2015 5:44 AM

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DUBAI, April 12 (Reuters) - Stronger oil may help Gulf stock markets maintain positive momentum on Sunday. In Saudi Arabia, a report on cement sales may lift some stocks in the sector, and King Salman's decision to replace the health minister could boost healthcare names.

Brent crude rose 2.3 percent on Friday and posted a 5.3 percent weekly gain on lowered expectations that an agreement on Iran's nuclear programme would result in a rapid return of more Iranian oil to the market.

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