UPDATE 2-MIDEAST STOCKS-Egypt extends losses, Saudi Arabia flat | Reuters:
"Egypt's bourse extended losses on Sunday in a broad decline, while Saudi Arabia's stock market moved very little.
The Cairo index fell 1.2 percent as most stocks traded lower, continuing a decline which began last week as Egypt's weighting in MSCI's emerging markets index was reduced with Telecom Egypt's exclusion from the benchmark.
Also, Egypt started rationing gas supplies to a number of industrial consumers, such as steelmaker Ezz Steel, last week as a rise of temperatures across the country led to an increase in power consumption."
'via Blog this'
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