MIDEAST STOCKS-Egypt extends losses in subdued Gulf - Reuters

MIDEAST STOCKS-Egypt extends losses in subdued Gulf - Reuters:

Middle Eastern stock markets were largely
subdued on Tuesday, mirroring global stocks, as mounting
concerns about a new strain of coronavirus in China dampened
risk appetite.

The death toll from the coronavirus outbreak in China
climbed to six On Tuesday as authorities reported a surge in new
cases.

The National Health Commission (NHC) put the number of
confirmed cases at 291 by the end of Monday, but further
information from individual provinces on Tuesday showed a
widening geographic spread.

Egypt's blue-chip index fell for a second day,
retreating 1%, with 25 of 30 stocks easing on the index.