MIDEAST STOCKS-Gulf mkts bleed after OPEC lets oil slide; Egypt steady | Reuters:
"Gulf stock markets plunged to milestone lows in a panic sell-off on Sunday after OPEC's decision to keep crude output unchanged sent oil prices tumbling.
The price of Brent crude fell about 10 percent to $70.15 per barrel since regional equity markets had last traded on Thursday and Sunday's opening was grim for long-only regional investors.
Saudi Arabia's bourse, where petrochemicals account for almost a third of total earnings, took the biggest hit among major markets, dropping 4.8 percent to 8,625 points, its lowest close since early January."
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