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Sunday, 26 January 2020

Egypt stocks tumble on US credit downgrade

Ahram Online, Sunday 7 Aug 2011
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Views: 798
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Views: 798

Egyptian stocks have started the trading week with a 3.87 per cent decline, falling to 4,813 points in the first hour of Sunday trading.

Worries of the impact of the US credit rating downgrade on the global economy seem to be having an impact on the market, with 152 stocks trading in the red and only three trading up. 

 

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