Business

Egypt bourse’s broad index closes down 8.95 pct

The Egyptian stock exchange's broad index .EGX100 closed 8.95 percent lower on Wednesday in the first trading session since January.

Many major shares plunged by the 10 percent limit when the stock exchange reopened having been closed since  27January because of the political turmoil that ousted Hosni Mubarak.

The benchmark index .EGX30 plunged 8.9 percent to 5,143 points.

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