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المصري اليوم
Damietta incident causes 1.2% drop in stocks
The Egyptian stock market indices collectively declined at the start of Thursday's trading session. The EGX 30 index dropped by 1.29%, reaching 52,935 points. Similarly, the EGX 70 index for small and medium-sized enterprises declined by 0.71%, falling to 18,291 points. This reflects the impact of the Damietta incident on the market, after it was revealed that the fire on two ships at Damietta Port was caused by a drone. The situation was quickly handled by the relevant authorities to maintain national and economic security.
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