Egypt's main index drops 2.2 percent
after 74 people were killed in violence at a soccer stadium, a
fresh setback for a country struggling with weak security a year
after its president was overthrown.
The index regains some of its lost ground after having
fallen more than 4 percent at the open, with traders saying
increases in Mobinil and its parent company Orascom
Telecom Media and Technology helped compensate for the
earlier declines.
"The market is in a panic after what happened yesterday,"
says Omar Darwish of brokerage CIBC.
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