Stocks sliding after anti-Morsi protests
Egyptian stocks opened Wednesday in the red following anti-Morsi mass rallies on Tuesday afternoon.
The broader based EGX70 index also lost a sizeable 2.3 per cent to sit at 432 points.
More than a hundred thousand people demonstrated Tuesday to demand the annulment of the president's contentious decree in what is considered to be the most serious challenge to face Morsi since he was elected in July.
- From the best of both worlds, to the worst of both worlds: Canadian citizenship no longer a 'piece of cake' for GCC expats
- Jumping on the IMF's bandwagon: Kuwait quietly embarks on subsidy-slashing journey
- Even the numbers are on the feminist side: companies with females in top management yield higher returns
- Kingdom in debt, Kingdom in danger: Saudi Arabia's pending deficit raises frightening possibilities
- 'Dead aid': is there any hope left for South Sudan's economy?