EGX Halts Trading For Half-Hour Amid Indices’ Sharp Opening Decline

By Yomna Yasser On Nov 25, 2012

The Egyptian Exchange administration has decided on Sunday to halt the EGX trading for half an hour. The EGX shall resume trading at 11:01 a.m. (09:01 GMT).

This comes after the EGX indices severely pushed down during the Sunday opening session driven by the mounting political tensions witnessed by the country.

The main index, EGX30 dived by 6% to 5112.7 p. EGX20 fell by 6.52% to 5818.24 pts. The mid- and small-cap index, the EGX70 sank by 4.68% to 458.41 p.pts. Price index EGX100 pushed down by 5.01% to 766.38 p.