Egyptian Stocks Are Getting Obliterated

Egyptian market down nearly 5% after violence breaks out across the country.

Here’s an Intraday chart of Egypt’s EGX 30 Index, via Bloomberg.

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[credit provider=”Bloomberg” url=”http://www.bloomberg.com/quote/CASE:IND/chart/”]

The market has been getting crushed pretty much non-stop since Thanksgiving, when President Morsi issued his “decrees” to grab power.

(Via @russian_market)