Egypt stock trading suspended after drop

Egypt's stock exchange suspended trading temporarily on Thursday after a sharp drop, amid the largest anti-government protests in the country in three decades.

Cairo: Egypt's stock exchange suspended trading temporarily on Thursday after a sharp drop, amid the largest anti-government protests in the country in three decades.

The suspension came after the benchmark EGX 30 index dropped 6.2 percent, a day after it recorded a fall of six percent.

Trading resumed at 11.30 am (0930 GMT), but the index recorded further falls.

The jitters on the bourse come amid the most serious anti-government demonstrations in Egypt in three decades.

Six people have died in the protests against the rule of President Hosni Mubarak, which, inspired by the ground-breaking "Jasmine Revolution" in Tunisia, have sent shockwaves across the region and prompted Washington to prod its long-time ally on democratic reforms.

Bureau Report

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