Orascom Construction Industries, the country’s biggest publicly traded builder, declined to the lowest level since Nov. 23. Commercial International Bank Egypt SAE (COMI) lost the most in a week. The EGX 30 Index (EGX30) dropped 3.4 percent, the most since Nov. 22, to 3,786.53 at 12:44 p.m. in Cairo, extending its slump this year to 47 percent. Persian Gulf shares rose, with the Bloomberg GCC 200 Index (BGCC200), adding 0.3 percent.
Violence flared when the military and police forces moved to end a sit-in outside the Cabinet headquarters. The clashes followed the second round of parliamentary elections, the first vote after the ouster of President Hosni Mubarak in February. The turmoil that accompanied the revolution slowed economic growth in the fiscal year that ended in June to 1.8 percent, from 5.1 percent in the previous 12 months.