MIDEAST STOCKS-Egypt tumbles as Emaar Misr slides; Gulf weak on Greece, oil | Reuters:
"Egypt's stock market tumbled on Monday, breaking major technical support, as leading property firm Emaar Misr plunged following its listing on Sunday. Most Gulf markets fell modestly because of lower oil prices and the turmoil in Greece.
The Egyptian stock index tumbled 4.2 percent to 7,871 points, smashing a band of strong chart support between 8,125 and 8,261 points, the December and May lows.
This was very negative technically, triggering a bearish right triangle formed by the highs and lows since mid-December and pointing down to the 6,800-point area in the longer term."
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