Market Update: Egypt stocks down 0.5 pct by mid-Thursday despite Abbasiya calm

Ahram Online, Thursday 3 May 2012

Egypt's major stocks are trading in the red, with the benchmark EGX30 down 0.47 per cent at 4.884.08 points by midday Thursday, as no more clashes are reported around the Ministry of Defence headquarter in Abbasiya.

The broader EGX70 is trading down 0.5 per cent.

From around 35 stocks currently being traded, more than 55 are seeing losses.

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