Egyptian stocks have plunged firmly into the red in the first two hours of Monday trade, the benchmark EGX30 trading 2.6 per cent down at 4,085 points.
Market turnover is around LE96.24 million, a tenth of it tied up in trade for Orascom Construction, the exchange’s largest listed share.
On Sunday, the Bourse gained 1.37 per cent reflecting encouraging statements from Egypt’s finance minister and relatively peaceful weekend demonstrations.
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