MIDEAST STOCKS-Abu Dhabi down; Egypt hits record high:
"Gulf stocks were mixed on Tuesday, with the Saudi market up on steady oil prices and Abu Dhabi dragged down by First Abu Dhabi Bank’s stock going ex-dividend.
Outside of the Gulf, Egypt’s index continued to climb, reaching an all-time high as it benefits from the central bank’s decision to cut interest rates last month, the first time it has done so since letting the currency float freely in 2016.
The Egyptian exchange closed at 16,012.66 points, up 1.99 percent, fuelled by gains in the consumer and real estate sectors."
'via Blog this'
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