Last checked at 
By Davide Barbuscia
Outside of the Gulf,
The Egyptian exchange closed at 16,012.66 points, up 1.99percent, fuelled by gains in the consumer and real estatesectors.
Stronger global stocks on Tuesday – with
The Tadawul climbed 0.96 percent, with petchem companiessuch as Saudi Basic Industries Corporation (Sabic)gaining 1.5 percent and Saudi International Petrochemical Coup 0.9 percent.
Banks were also all up, with Al Rajhi Banking & InvestmentCorporation seeing the highest trading volumes in thesector and climbing 1.32 percent, while Arab National Bankwas the top gainer, jumping 3.7 percent.
"Global markets have improved and the Saudi market isalready balanced, so people are optimistic and the bet is stillon leading stocks and banks," said Mazen Al Sudairi, head ofresearch at Rajhi Capital.
The
The real estate sector also weighed on the index, withUnited Development Company and Barwa DevelopmentCompany losing 1.79 percent and 0.88 percentrespectively.
The
FAB announced a cash dividend of
* Index went up 0.96 percent to 7,437.61 points.
* Index shed 0.05 percent to 3,204.91 points.
* Index dropped 1.87 percent to 4,523.49 points.
* Index went down 0.29 percent to 8,429.30 points.
* Index rose 1.99 percent to 16,022 points.
* Index was flat 6,805.74 points.
* Index was up 0.01 percent to 1,374.766 points.
* Index dropped 0.81 percent to 4,947.400 points.(Aditional reporting by Marwa RashadEditing by Mark Potter)
