Egypt shares continue slide after Morsi power grab

November 25, 2012 11:16

CAIRO - Egyptian shares plummeted in early trade on Sunday in the first trading session since President Mohamed Morsi ignited a political crisis by expanding his powers.

The main share index was 8.7 percent lower at 0915 GMT. The exchange had suspended trade for 30 minutes soon after the 08:30 a.m. opening when the index tumbled by more than the maximum allowed limit.

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