MIDEAST STOCKS-Egypt tumbles as Emaar Misr sinks; Saudi drops | Agricultural Commodities | Reuters:
"Egypt's stock market fell sharply early on Monday, sliding below major technical support, as leading property firm Emaar Misr sank after listing on Sunday. The Saudi market also dropped because of lower oil prices and the turmoil in Greece.
The Egyptian stock index tumbled 2.3 percent in the opening minutes to 8,026 points, below a band of strong technical support between 8,125 and 8,261 points, the December and May lows.
Any clean break of this support -- at least two daily closes -- would be very bearish, triggering a triangle pointing down into the 6,800-point area in the longer term."
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