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Egypt’s stock market hits 3-year low

Saturday, 16 January 2016 2:43 AM [ Last Update: Saturday, 16 January 2016 2:44 AM ]

The Egyptian stock market has dived to its lowest level in three years.

Mohamed Shalaby
Press TV, Cairo

The Egyptian stock market has dived to its lowest level in three years, losing nearly six billion dollars in the last week of trading to record the biggest weekly loss in five years. A number of local, regional, and international factors are believed to be behind the steep fall. As Press TV’s Mohamed Shalaby reports, observers predict that the market fall will only get worse.

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