MIDEAST STOCKS-Saudi, Dubai pull back after rallies; Egypt nears 2015 low | Reuters:
"Gulf stock markets were mixed on Monday as strong oil prices supported investor sentiment but Saudi Arabia and Dubai pulled back slightly from 2015 highs hit in the previous session. Egypt remained depressed by tax and foreign currency concerns.
Brent crude slipped less than 1 percent to around $65 per barrel while Gulf stock markets were open on Monday as the U.S. dollar strengthened. But signs that U.S. shale oil output may have started to fall put a floor under prices.
The main Saudi stock index slipped 0.2 percent to 9,711 points and Saudi Telecom was the main drag, dropping 2.1 percent as its shares stopped carrying a quarterly dividend."
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