Tuesday 25 December 2012

STOCKS NEWS MIDEAST-Egypt slips; Saudi's Tasnee jumps on dividend - Yahoo! News Maktoob

Egypt's bourse slips in early trade as a recent rally falters because of a weak outlook for economic policy,
while Saudi Arabia's market edges lower in thin trade.
Cairo's benchmark loses 0.9 percent to 5,326 points, heading for its second decline since last Thursday's
four-week closing high.
The market rallied for most of the past two weeks because of bargain-hunting, much of it by foreign investors according to stock exchange data, following a plunge triggered by the political crisis over Egypt's new constitution.

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