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Gulf markets diverge; Egypt settles at 14-month high

Stock markets in Dubai and Egypt climbed to multi-month highs yesterday but Saudi Arabia was dragged lower by banking shares vulnerable to economic pressures due to low oil prices. Dubai’s index rose 1.0% to end at 3,602 points, just below technical resistance at its April peak of 3,605 points, as…

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Click here to read the full story: Gulf Times

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