MIDEAST STOCKS-Egypt falls after deadly car bombing, Dubai hits resistance | Reuters:
"* Cairo index was near resistance at 6,500 points
* Dubai fails to overcome chart barrier
* Saudi Arabia edges up after correction
* Qatar continues to consolidate
* Bahrain's Ahli United Bank rebounds
By Olzhas Auyezov
DUBAI, Nov 21 (Reuters) - Egypt's main stock index ended a week-long rally on Thursday, falling 0.6 percent after a suicide car bombing killed at least 10 soldiers in the Sinai Peninsula and four policemen were wounded by a hand grenade at a checkpoint near Cairo.
Egyptian stocks have been on the rise since the ouster of former president Mohamed Mursi in July, driven largely by local retail investors who support the new army-backed government - but are wary of any escalation of violence.
"Yesterday was a dramatic day and the country has entered a period of mourning," said Cairo-based independent financial analyst Osama Mourad."
'via Blog this'
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