MIDEAST STOCKS-Egypt continues slide, Gulf depressed by oil plunge | Reuters:
"Egypt's stock market continued to slide on Tuesday, weighed down by foreign exchange worries, while Gulf bourses fell moderately after oil prices plunged.
The Cairo index, which has been in a downtrend for over a month and tumbled 4.2 percent on Monday, sank a further 1.5 percent to 7,753 points.
It had broken on Monday below major technical support between 8,125 and 8,261 points, the December and May lows. That triggered a bearish right triangle formed by the highs and lows since mid-December and pointing down to around 6,800 points in the longer term."
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