Sunday 18 November 2012

MIDEAST STOCKS-Regional mkts fall on intensifying political conflict - Yahoo! News Maktoob

Regional markets lost ground on Sunday as investors reduced risk across the board after Israel bombed Palestinian militant targets in the Gaza Strip for a fifth day.
Egypt's benchmark, amongst the world's best performing markets this year, tumbled 3.3 percent to its lowest
close since Nov 5.
Israel bombed Palestinian militant targets in the Gaza Strip from air and sea for a fifth straight day on Sunday, preparing for a possible ground invasion while also spelling out its conditions for a truce.

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