MIDEAST STOCKS-Saudis rebound from debt downgrade; Egypt soft | Reuters:
"Saudi Arabia's stock market edged up early on Monday, regaining some strength after a slide on the previous day in response to a decision by Standard & Poor's to downgrade the kingdom's sovereign debt. Egyptian stocks slipped lower.
The Saudi index rose 0.4 percent as Saudi Printing and Packaging Co surged 4.8 percent. It has been rising in heavy trade since shortly after it reported earnings on Oct. 20; nine-month net profit jumped 49 percent, though third-quarter profit dropped 10 percent on year.
Saudi Research and Marketing Group, publisher of pan-Arab newspaper Asharq al-Awsat and one of the Middle East's largest media companies, surged 7.2 percent to 20.15 riyals as it resumed trading after being suspended since last Wednesday."
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