Egypt stocks opened Thursday in the red, with main benchmark EGX30 slipping 0.36 per cent almost an hour into the four-hour trading session.
The broader index, EGX70, also slipped 0.44 per cent.
The market had made proper gains over the past four sessions on the back of relative political stability and the end of Egypt's holiday season.
On Wednesday, the EGX30 reached a three week high of 3,766 points. Today's drop is a usual profit-taking slip induced by short-term traders.
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