Egypt Shares Retreat From Six-Year High After Blast; Qatar Drops - Bloomberg:
"Egyptian stocks declined for the first time in a week after an explosion in Cairo killed two police officers. Qatar’s gauge fell.
The EGX 30 Index lost 0.1 percent at the close, after rising as much as 0.9 percent to the highest level since 2008. A blast struck a police checkpoint near downtown Cairo today, state television reported. Qatar’s QE Index slid 1.5 percent, the most this month.
The Egypt blast “comes on the first day of school,” Mohamed Radwan, head of equities at Pharos Holding in Cairo, said by phone. “It’s going to worry a lot of investors about potential explosions that might follow. They were comfortable selling the shares especially after the market touched a new high today.”"
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