MIDEAST STOCKS-Egypt shares rise, Saudi edges down on petrochemicals | Reuters:
"Egypt's stock market rose broadly in early trade on Tuesday while Saudi Arabia was pulled down by petrochemical shares after Brent crude oil fell back below $40 a barrel.
The Egyptian index climbed 0.9 percent in the first half-hour with nine of the 10 most heavily traded stocks rising. There was no significant reaction to the hijacking of an EgyptAir plane to Cyprus.
The most heavily traded stock, Egyptian billionaire Naguib Sawiris's Orascom Telecom Media, added 2.6 percent."
'via Blog this'
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