Sat, Dec 21, 2024 | Jumada al-Aakhirah 20, 1446 | DXB ktweather icon0°C

Egypt stocks slump for second day

Top Stories

CAIRO- Egypt's CASE-30 stock index dipped 3.86 percent to 5,742 points in early trading on Wednesday, the second day of losses in line with exchanges around the world amid fears of recession.

Published: Thu 16 Oct 2008, 5:01 PM

Updated: Sun 5 Apr 2015, 2:19 PM

  • By
  • (AFP)

The key index had dropped 3.15 percent to 5,945 points on Wednesday amid concern for the global economy, after two days of strong gains spurred by government moves to shore up the financial system.

Last week the CASE-30 lost more than 20 percent of its value amid widespread selling on global stock exchanges.



Next Story