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Share volumes at five-year low

Egypt’s benchmark stock index is the world’s worst performer so far this month with a 14 percent decline.
19.06.13

Trading in Egypt’s benchmark stock index, the world’s worst performer so far this month with a 14 percent decline, tumbled to the lowest level by value in five years on Sunday, on concern that anti-government protests will bring the nation to a “tipping point”. Shares worth 70 million Egyptian pounds (R98m) were traded on Sunday, the lowest total since at least August 2008. About 156 million pounds changed hands day before yesterday.

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