MIDEAST STOCKS-Saudi, Egypt sink but UAE, Qatar climb | Reuters:
"Stock markets in the Middle East diverged to an unusual degree on Sunday, with Saudi Arabia and Egypt falling close to multi-year lows while other major Gulf bourses edged up.
Riyadh's benchmark rose in early trade but closed 1.8 percent lower at 5,558 points in extremely volatile trade. It has important technical support at January's low of 5,349 points.
"The oscillation in trading activity points to bearish technicals and to investors' nerves - they are now worried about rising geopolitical tensions," said a Riyadh-based portfolio manager."
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