Egyptian markets dip after gains
Egyptian markets are finishing the week down, after gains that shrugged of the violent protests in Cairo
Click here to add Cairo as an alert
Disable alert for Cairo,
Click here to add EGX70 as an alert
Disable alert for EGX70,
Click here to add Ezz Steel as an alert
Disable alert for Ezz Steel,
Click here to add Orascom Telecom as an alert
Disable alert for Orascom Telecom,
Click here to add Talaat Moustafa Group as an alert
Disable alert for Talaat Moustafa Group
Egyptian stocks are trading in the red after several days of solid gains.
The benchmark EGX30 is down 1.52 per cent at 5,821.7 points, an hour and half into Thursday's session. The broader-based EGX70 has fallen 1.6 per cent.
High-caps Talaat Moustafa Group, Ezz Steel and Orascom Telecom are seeing the heaviest trade, all of them charting losses.
The index climbed 4.4 per cent between Sunday and Wednesday afternoon, shrugging off recent violent protests in central Cairo against an anti-Islam film
- Nip, tuck: Dubai's grand plans for being a major player in medical tourism
- Zain, UNHCR, Facebook to bring free internet access to urban refugees in Jordan
- Yemen Central Bank headquarters to relocate from Sanaa to Aden
- IMF report details the crippling economic effects of conflict in MENA
- Start Up Lebanon entrepreneurs head to Silicon Valley Roadshow
- The glut persists: oil prices dip once again after 'firm start'
- Gold prices globally dip slightly
- US Dollar Dips on Geithner Comments, Japanese Yen Slips on US Data-Propelled Gains in Risky Assets
- Egypt’s market gains $3B in one week as government suspends capital gains tax
- Cairo’s financial market dips lower