MIDEAST STOCKS-Egypt's rally may cool, blue chips to weigh on Gulf

Egypt's stock market may stall on Thursday after Wednesday's leap in response to news that Cairo is close to obtaining an IMF loan, while weak earnings at some blue chips could weigh on Gulf markets. Investors are hoping that an International Monetary Fund loan would create conditions allowing authorities to engineer a controlled devaluation that would bring the Egyptian pound to levels which reignited fund inflows into the country. EFG Hermes advised foreign investors after the IMF news to stay