MIDEAST STOCKS-Egypt bear run continues; Saudi soft on oil | Reuters:
"The bear run on Egypt's stock market continued early on Wednesday as property developer Emaar Misr slid further in the wake of its listing, while weak oil prices weighed on Saudi Arabia.
The Egyptian stock index sank 1.8 percent to 7,615 points, bringing its losses from February's multi-year peak to 24 percent.
The market has been hit by economic worries, such as energy and foreign exchange shortages, and security fears after clashes with militants in the Sinai and the assassination of a senior official in Cairo. The Greek crisis has also hurt since the euro zone is a top trading partner and source of tourists for Egypt."
'via Blog this'
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