ESE Loses LE 5.5 bn as Indexes PlungeSource: www.export-egypt.com 6/6/2012, Location: Africa |
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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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