MIDEAST STOCKS-Earnings, technicals lift Egypt; MSCI trio pull back | News by Country | Reuters:
"Strong company earnings helped lift Egypt's stock market on Wednesday, while bourses in the United Arab Emirates and Qatar slipped ahead of an announcement from index compiler MSCI detailing their upgrade to emerging market status.
Egypt's benchmark climbed 1.9 percent to 8,467 points, its highest close since late March.
Talaat Moustafa jumped 5.5 percent after the property developer posted a 15-percent rise in first-quarter after-tax profit.
Ezz Steel gained 5.8 percent after the firm said its 2013 profit was 134 million Egyptian pounds ($19 million), up from 8 million pounds in 2012."
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