MIDEAST STOCKS-Geopolitical concerns continue to weigh on Saudi, Egypt extends losses - Reuters:
Saudi Arabia's stock market fell sharply
on Monday to drop for a fourth straight session as geopolitical
concerns in the Gulf region weighed, while Egypt's blue-chip
index also extended its losing streak.
Yemen's Iran-backed Houthi movement attacked Abha airport in
southern Saudi Arabia on Sunday, killing one person and wounding
21 others, the Saudi-led coalition in Yemen said.
Long-time foes Iran and the U.S. have also come the closest
in years to a direct military confrontation in the past week
with the shooting down of a U.S. drone by Iran. U.S. President
Donald Trump aborted a retaliatory strike minutes before impact.
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