Sunday 4 November 2012

STOCKS NEWS MIDEAST-Egypt dips to 9-week low on security jitters - Yahoo! News Maktoob

Egypt's benchmark index slides to a nine-week low after an attack in Sinai on Saturday left three policemen dead leads to worries about security, traders say.
Domestic political tensions over the drafting the country's new constitution and attempts to cancel contracts awarded during Hosni Mubarak's rule also depress the market, traders add.
The index declines 2.2 percent to 5,449 points, its lowest since Sept. 2. It has lost 7.5 percent over the last four
sessions.

No comments:

Post a Comment