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Egyptian Stock Exchange suspends trading after 10% fall

By , based on Hapijournal

Map: Egypt

The Egyptian Stock Exchange halted trading for 30 minutes after the EGX 100 EWI index fell by 10%. The suspension was announced on Sunday by the financial market’s management, reports Hapijournal.

The Egyptian Stock Exchange suspended trading on Sunday 25 October after the EGX 100 EWI index fell by 10%. The suspension, decided for a period of 30 minutes, was announced by the Egyptian Stock Exchange administration, according to Hapijournal.

The measure came after the index comprising stocks listed on the Egyptian market crossed the 10% decline threshold, reports Hapijournal.

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