(MENAFN- Kuwait News Agency (KUNA)) The Department of the Egyptian Stock Exchange suspend dealing in the market for half an hour on Sunday because of indicators fellow below certified levels, five percent, and after incurring market losses market estimated at more than 2.15 billion pounds to reach 358 billion pounds versus 373.2 billion pounds.
The Egyptian stock indexes fell en masse at the start of today's trading with strong selling by investors as the main stock index (EGX 30) fell by six percent to settle at 5112.79 points Index (EGX 70) for small and medium shares lost 4.68 percent registering 458.41 points. The index (EGX 100) lost about 5.01 percent of its value and registered 766.38 points at the closing.
The drastic fall of the Egyptian stock market indices coincided with heated and major events on the local political front, partly concerning a presidential decree, deemed autocratic by the opposition camp.
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