MIDEAST STOCKS-Saudi falls on oil slide, Egypt in broad rally | Reuters:
"Saudi Arabia's stock market fell in early trade on Tuesday after oil prices pulled back, but Egypt's bourse climbed in a broad rally.
The Saudi index slid 0.8 percent in the first 40 minutes as petrochemical stocks, which had surged late last week in response to a rebound of oil prices, lost further ground. Saudi Basic Industries dropped 1.5 percent.
Saudi Telecom, which had climbed 2.0 percent on Monday after saying it would buy a further 25.8 percent of Kuwait's Viva for 1.59 billion riyals ($424 million), taking majority control of its affiliate, fell back 0.8 percent."
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