EGX opens with .55% fall
The Egyptian Exchange - YOUM7 (Archive)
By THE CAIRO POST

CAIRO: The EGX opened with downward sideways movement Tuesday, registering a .55 percent slide as of 11:45 a.m.

The benchmark index EGX30 registered 9,527, down from 9,577 points at open, and the EGX70 index also slid to 633, down from its Monday close of 637.

Last week the exchange showed mixed performance, and market capitalization shed around 2 billion EGP ($280 million.)

 

Egypt’s market lost  ground for three consecutive sessions rattled by local unrest following a final court ruling that dropped charges against former President Hosni Mubarak over the killing of protesters during the 2011 January 25 Revolution.

 

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