Wednesday 8 October 2008

Egypt falls 18% in two days


The Egyptian market, more an emerging than a frontier market, has collapsed 18% in two days. It is now more than 50% down since May.
The biggest losers were Cairo Oil down 64.16%, EG Development down 57.92%, Nile Cotton 51% and ALX Spin and Weaving 50.98%.

No comments: