UPDATE 2-MIDEAST STOCKS-Saudi mixed after oil slide, Egypt continues rebound

April 9, 2015 8:40 AM

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DUBAI, April 9 (Reuters) - Saudi Arabia's stock market was mixed in early trade on Thursday after a sharp drop in oil prices, while Egypt continued its bounce from three-month lows.

Brent crude plunged 6 percent on Wednesday because of a shock jump in U.S. crude inventories and news of record Saudi output. It rebounded over 1 percent to $56.57 a barrel in Asia on Thursday morning.

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