Egypt stock exchange, banks shut till 19 August
Egypt's Stock Exchange and banks did not open on Thursday amid unrest sweeping across the country, and killing hundreds of people, RBC-Ukraine reports.
Cairo Exchange closed in trading day first time of since January Revolution of 2011, when former President Hosni Mubarak was ousted from power. Then the trading was suspended for nearly two months.
Besides stock exchange all country’s banks will also be closed, Reuters reports, citing the central bank.
Stock Exchange is not expected to open before Monday 19 August, but this is still uncertain, as unrest will not subside; Cairo and 10 other provinces imposed curfew, and casualties toll over 500 people.
In yesterday's trading EGX30 index fell by 1.7%, the biggest drop since July 8. Quotations of almost all shares dropped, except two companies.
