MIDEAST STOCKS-Saudi slips alongside oil; Egypt extends gains | Reuters:
"Saudi Arabia's stock market edged down in early trade on Monday, tracking oil prices and other Gulf bourses, while Egypt rose on positive news.
The main Saudi stock index fell 0.3 percent with most sectors in the red. Heavyweight Saudi Basic Industries was down 0.7 percent as Brent crude, fell 1.1 percent.
Food maker Halwani Brothers was one of just a few gainers, rising 1.3 percent after the firm said it had submitted a binding offer to buy an Egyptian confectionery company. It did not disclose the value of the potential acquisition."
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