MIDEAST STOCKS-Egypt sinks as Emaar Misr listing disappoints; Gulf mixed | Reuters:
"Egypt's stock market maintained its downtrend on Sunday as a weak debut by Emaar Misr, the biggest listing since 2007, further hurt sentiment. Gulf bourses were mixed as the Greek debt crisis kept trading volumes modest.
The Egyptian index rose slightly in early trade but closed 1.2 percent lower at 8,218 points, entering a band of strong technical support between 8,125 and 8,261 points, the December and May lows.
Any break of this support would be very bearish, triggering a triangle pointing down into the 6,800-point area in the longer term."
'via Blog this'
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