Wednesday, 14 August 2013

MIDEAST STOCKS-Political violence pushes Egypt down 1.7 pct; Qatar outperforms | Reuters

MIDEAST STOCKS-Political violence pushes Egypt down 1.7 pct; Qatar outperforms | Reuters:

"* Egypt in steepest daily drop since early July

* But market still up over 20 pct from late June

* Qatar market strongest in Gulf after Q2 earnings

* Index passes 10,000 points, first time since 2008

* Bahrain soft ahead of opposition protests

By Andrew Torchia

DUBAI, Aug 14 (Reuters) - Egypt's stock market fell sharply on Wednesday as security forces in Cairo moved to disperse demonstrators supporting deposed President Mohamed Mursi, sparking violent clashes across the north African country which have killed at least 29 people.

The Egyptian index sank 1.7 percent to close at 5,549 points, very near the day's low of 5,546."

'via Blog this'

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