UPDATE 2-MIDEAST STOCKS-Saudi rises on strong oil, Egypt begins rebounding

April 7, 2015 9:42 AM

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DUBAI, April 7 (Reuters) - Saudi Arabia's stock market rose on the back of stronger oil prices early on Tuesday, while Egypt began rebounding after a three-week bout of heavy profit-taking.

Bent crude jumped nearly 6 percent on Monday to $58.24 a barrel, its highest since March 27, although it had partially dropped back to $57.52 on Tuesday morning.

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