Egypt's stock exchange, banks also under state of emergency

The stock exchange will resume trading next week, the exchange said.

Egypt's stock exchange and banks will not open [Thursday] following violence sweeping the country, a bourse statement and an official at the central bank said.

"The (central) bank decided to close the banks in Egypt tomorrow," an official who declined to be named told Reuters on the phone yesterday.

The stock exchange will resume trading next week, the exchange said.

Egyptian security forces killed at least 29 people on Wednesday when they moved in to clear a camp of protesters demanding the reinstatement of deposed President Mohamed Mursi, in a dramatic dawn swoop aimed at ending a six-week standoff in Cairo.