03-08-2016 16:44 via news.yahoo.com

MIDEAST STOCKS-Egypt closes at one-year high on IMF hopes, Gulf sags

* Egypt's index confirms break of technical resistance * Ezz Steel climbs in very heavy volume * Abu Dhabi's Aldar supports bourse * Qatar's GIS declines after Q2 profit slide * Saudi index falls below technical support By Celine Aswad DUBAI, Aug 3 (Reuters) - Egypt's stock market closed at a one-year high on Wednesday on optimism among local investors that a loan deal with the International Monetary Fund would boost the economy, while weak oil prices and global bourses pushed Gulf bourses down
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