MIDEAST STOCKS-Egypt leads regional gains; banks weigh on Bahrain | Reuters

MIDEAST STOCKS-Egypt leads regional gains; banks weigh on Bahrain | Reuters:



"* Egypt resumes rally as retail investors back Sisi



* Dubai recovers from Monday's profit-taking



* Amlak's return to market good for Dubai's Emaar - broker



* Bahrain bank stocks extend declines



* Oman skips Tuesday's session due to glitch



By Olzhas Auyezov

DUBAI, March 25 (Reuters) - Egypt's bourse resumed a rally after a minor correction on Monday to lead gains across the Middle East, while Bahraini banks weighed on Manama's bourse after some lenders went ex-dividend or chose not to pay dividends at all.



Egypt's market index added 1.1 percent in widespread gains despite fresh protests against death sentences handed down to 529 Muslim Brotherhood supporters.



Local retail investors have been driving the index higher since former president Mohamed Morsi was ousted in a military coup last year.



These investors seem confident Egyptian Army chief Field Marshal Abdel Fattah al-Sisi will bring stability if he is elected president and Sisi's official bid now appears imminent."



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