Egyptian Stock Exchange head says recent losses are unjustified reaction

The main Egyptian share index fell this week on protests. (File photo: AP)

Recent losses of Egyptian shares are unjustified, the bourse’s chairman Mohamed Farid said on Thursday, after the main share index fell this week on protests.

“It’s an unjustified reaction and not significant compared to (other) stock markets,” he told MBC Masr TV.

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Last Update: 18:18 KSA 21:18 - GMT 18:18
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