6 June 2012

Egypt: ESE Loses Le 5.5 Bn As Indexes Plunge

In its worst trading day due to Tahrir incidents, the Egyptian Stock Exchange (ESE) lost LE 5.5 billion at closing on Tuesday 5/6/2012 as indexes plunged due to intensive selling operations by investors amid fears that yesterday's million-man rally in Tahrir Square would drag Egypt into a deeper political turmoil.

The main benchmark EGX 30 index nosedived to % 2.3 - its lowest level in five months - recording 4502.91 points.

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