MIDEAST STOCKS-Banks propel Egypt gain, Dubai recoups some losses | Reuters:
Egypt’s blue-chip index continued to gain on Tuesday after enjoying its biggest one-day gain in two years in the last session, while Dubai recovered partially from five-year lows, lifted by gains in real estate shares.
The Egyptian index rose 1.5 percent with gainers outnumbering losers by one to five as bank stocks rose.
Egypt’s annual urban consumer price inflation dipped to 15.7 percent in November from 17.7 percent in October, the official statistics agency CAPMAS said on Monday, exceeding analysts’ expectations.
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