Mideast Stocks: Factors to watch on October 29

Mideast Stocks: Factors to watch on October 29

* Oil plunges over 5% to 4-month low as pandemic surges, U.S. crude output soars* MIDEAST STOCKS-Saudi index leads losses with most Gulf markets subdued * PRECIOUS-Gold slides on dollar rally as U.S. stimulus remains elusive * Sovereign funds seek to raise debt and equity as pandemic strains state budgets * Microsoft detects cyberattacks from Iran-linked actor engaged in intelligence collection * Iran reports COVID-19 death every three minutes, speaker tests positive * Algeria's president transferred to Germany for medical checkups - State TV * Tunisian parliament, cbank chief tell govt to cut spending plans * Tunisia says COVID spread 'very dangerous' with new curbs expected * Libyan investigators find more mass graves in recaptured city * INSIGHT-In Beirut port, all of Lebanon's ills are laid bare * Israel, Lebanon