31-03-2016 10:35 via rocketnews.com

MIDEAST STOCKS-Petchems pull Saudi down, Egypt falls after budget

DUBAI, March 31 (Reuters) – Petrochemical shares pulledSaudi Arabia’s stock market down early on Thursday after Brentoil fell back below $39 a barrel, while Egypt’s boursedropped after the cabinet announced next fiscal year’s draftbudget. The Saudi index lost 0.7 percent as Saudi BasicIndustries SE> slid 1.3 percent. Hospital operator MiddleEast Healthcare, which had jumped its 10 percent dailylimit for two straight days since listing on Tuesday, pulledback 0.3 percen
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