Egypt Exchange: Mass sell-off

Wed, 23/03/2011 - 17:06
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Egypt Stock Exchange, Cairo, March 23, 2011. As Egypt exchange opened Wednesday, March 23, a mass sell-off dominated tradings, only prompting trading suspension. Bleakly enough, Egypt has been degraded in terms of credit standing, which might write Egypt off emerging markets list. For more: EGP: Intervention Will Prevent Mass Sell-Off.

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Mohamed Abdel Ghany

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Wed, 23/03/2011 (All day)

Egypt Stock Exchange, Cairo, March 23, 2011. As Egypt exchange opened Wednesday, March 23, a mass sell-off dominated tradings, only prompting trading suspension. Bleakly enough, Egypt has been degraded in terms of credit standing, which might write Egypt off emerging markets list. For more: EGP: Intervention Will Prevent Mass Sell-Off.

Bonds Credit Standing Macroeconomic Outlook Mass Sell-Off Stock Exchange Transaction Suspension Egypt News Business

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