MIDEAST STOCKS-Gulf may be sluggish, Egypt may stay weak on FX worries

Gulf stock markets look set to trade sluggishly on Tuesday because of soft global markets, while foreign exchange worries may continue to weigh on Egypt. The Saudi stock index climbed 1.3 percent to 7,105 points on Monday, bouncing from technical support at its August low of 6,921 points, but in the absence of positive economic or policy news, an extended rally may be difficult as long as concern remains about the impact of low oil prices. Egypt's stock market may stay depressed by speculation a