MIDEAST STOCKS-Saudi, Dubai pull back; Egypt hit again by monetary fears | Reuters:
"The Saudi Arabian and Dubai stock markets pulled back on Wednesday as they digested gains made over the past several days, but trading volumes were active and general sentiment was positive because of the recent bounce of oil prices.
The Saudi stock index rose as much as 0.7 percent in early trade but closed 0.2 percent lower at 6,170 points. On Tuesday, it broke technical resistance at the early February and end-January peaks of 6,056-6,099 points, which is now a band of support.
The petrochemical sector fell 0.8 percent and Al Tayyar Travel dropped 2.6 percent.
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