Google+ Followers

Sunday, 9 April 2017

MIDEAST STOCKS-Egypt stocks fall on bomb blasts, most Mideast markets down | Reuters

MIDEAST STOCKS-Egypt stocks fall on bomb blasts, most Mideast markets down | Reuters:

"Egyptian stocks fell on Sunday, hurt by bomb blasts in the country, while most other Middle East stock markets also ended lower as geopolitical tensions weighed on investor sentiment.

Some of the Middle East markets started the day in positive territory as higher oil prices briefly offset concerns about a U.S. missile strike on a Syrian air base, but lost momentum as the day progressed.

The Egyptian index closed 1.55 percent lower with Commercial International Bank Egypt down 1.5 percent and Egyptian Iron and Steel losing 4.4 percent.

"



'via Blog this'