MIDEAST STOCKS-Egypt turns around in thin trade; banks lift Oman, Qatar | Reuters

MIDEAST STOCKS-Egypt turns around in thin trade; banks lift Oman, Qatar | Reuters:

"* Bargain-hunters help Egypt bourse gain 1.4 pct

* Assembly prepares to roll outdraft constitution

* Oman index rises on positive newsflow

* Leading lender Bank Muscat says to recover $39 mln

By Olzhas Auyezov

DUBAI, Dec 1 (Reuters) - Egypt's bourse posted the biggest gain in the region on Sunday, rising 1.4 percent in thin trading as the country was readying a draft constitution for a national referendum.

The 50-member constituent assembly began voting on Saturday to approve the draft, article by article, and once this process is complete it will submit the document to interim President Adli Mansour, who will set a date for the referendum.

The adoption of a new constitution is a key part of the army-planned political transition plan meant to lead to parliamentary and presidential elections next year.

"Retail investors are reacting positively to these news," said Mohamed Radwan, director of international sales at Pharos Securities."

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