Egypt's stock market tumbled to the lowest level in almost four months yesterday amid growing concern among investors over whether a new government will be able to take on the daunting task of reviving the economy.
The benchmark EGX 30 slumped 3.4 per cent in the first day of trade as the Muslim Brotherhood candidate Mohammed Morsi and the former premier Ahmed Shafik both claimed victory in the presidential election.
New rules ushered in by the military also hung over the markets.
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