MIDEAST STOCKS-Bourses join global market rout; Egypt tumbles 2.8 pct | Reuters:
"Stock markets in the Middle East fell on Tuesday, erasing the prior session's gains, as risk appetite diminished following a slump in global shares.
Egypt's main index tumbled 2.8 percent to 6,004 points, erasing the prior session's gains as foreign funds redeemed shares, bourse data showed.
Commercial International Bank, a stock favoured by international fund managers, retreated 3.3 percent. Palm Hills Development declined 4.3 percent in heavy trade, after the real estate developer posted strong quarterly earnings early this week."
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