Wednesday 18 November 2015

MIDEAST STOCKS-Foreign bargain hunters lift Egypt from 2-yr low, Saudi rises | Reuters

MIDEAST STOCKS-Foreign bargain hunters lift Egypt from 2-yr low, Saudi rises | Reuters:

"Egyptian shares rose from a two-year low on Wednesday as foreign bargain hunters stepped in, while a rise in oil prices helped the Saudi market edge higher, bucking the Gulf region trend.

Buying at dips across the board helped lift Cairo's index by 0.1 percent.

Local investors were panic-selling since Russia said on Tuesday that an act of terrorism brought down its airliner."



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