Sunday, 25 November 2012

BBC News - Egypt Mursi crisis prompts shares dive

Stones were thrown at police on Sunday as clashes resumed near Tahrir Square
Shares on Egypt's stock market plunged almost 10% on Sunday, days after President Mohammed Mursi granted himself sweeping new powers.

Protests against the president's decision have continued in Cairo, while the Muslim Brotherhood is planning rallies backing him later.

Trading was suspended for 30 minutes as shares slumped in the first session since the president's announcement.

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