MIDEAST STOCKS-Oil weighs on Gulf but Saudi cuts losses on late buying | Reuters:
"Gulf stock markets extended their losses on Tuesday as Brent crude plunged for a second session in a row and the threat of a fresh euro zone crisis in Greece also prompted investors to sell risky assets globally.
Brent crude touched a fresh 5-1/2-year low at $51.23 a barrel on oversupply concerns. MSCI's emerging market index fell 1.0 percent to a three-week low.
Saudi Arabia's main index dropped as much as 4.0 percent in a broad sell-off early in the session, but then pared its losses and closed only 0.6 percent down."
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