Most Saudi Arabian stocks were little changed early on Tuesday, though some second-tier shares gained sharply. Egyptian stocks rose. The Saudi index was flat after half an hour of trade. Saudi Printing and Packaging Co jumped 7.0 per cent, adding to a 9.8 per cent leap on Monday; it has been rising in heavy trade since shortly after it reported quarterly earnings on Oct. 20. Kingdom Holding dropped 0.9 per cent after saying it expected no financial impact from its sale of a 29.9 per cent stake in media firm Saudi Research and Marketing Group (SRMG). SRMG climbed 9.9 per cent after a 7.2 per cent gain on Monday. Egypt's index rose 0.8 per cent, though turnover was modest and the 10 most heavily traded stocks barely moved, according to Reuters.
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