Cairo markets open in red – Cairo Video



published: 2019-07-12 11:38:27

(7 Jul 2019) LEAD IN:
Cairo’s stock market opens the first session of the trading week in red.

STORY-LINE: 
The EGX 30, the main benchmark index of the Egyptian stock exchange, opened on 13,997 points on the first session of the trading week.
By 11:10 GMT it had reached 13,995, a drop of 0.01 percent from opening.
Speaking at 09:00 GMT, dealer Naglaa Farag said a steep drop at 09:00 GMT was caused by Arab traders and foreign financial institutions selling and Egyptian individuals buying.

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