MidEast Stocks Mixed, Saudi Arabia Hits New 2-Month High and Egypt Slips on Profit-taking

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Middle East shares were mixed, with Saudi Arabia touching a new 2-month high.

Egypt slipped on profit-taking after a six-session winning streak on plans for more government spending there.

Global market worries also muted trade. Investors were worried about tightening in China and new, stiffer capital requirements in the eurozone.

Egypt's main index dipped 0.6% to 6,166 points, Saudi Arabia inched up 0.09% to 8,150 points, Dubai slipped 0.8% to 2,902 points, Abu Dhabi added 0.3% to 3,873 points, Qatar shed 0.3% to 9,694 points, Oman firmed 0.1% to 6,649 points, Kuwait advanced 0.4% to 7,906 points and Bahrain rose 0.4% to 1,201 points.



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This article appears in: Investing , Commodities

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