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.

image

Photo: Bloomberg

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

(Via @russian_market)

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

egypt moneygame-us