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بوابة الشروق
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Source: بوابة الشروق
4 Hrsبوابة الشروق
Source: بوابة الشروق
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Rania Yacoub, a member of the Egyptian Exchange’s board of directors, said the market remained under pressure from selling by foreign investors and institutions, following a wave of correction and profit-taking fueled by geopolitical tensions, declines in global markets, rising oil prices, inflation concerns and monetary tightening. The benchmark index fell below 49,000 points at the start of Sunday’s session, while the steepest decline was concentrated in the EGX 70 index, following its biggest rise in the past six years. Yacoub described Monday’s session as decisive in determining whether the indices would rebound or continue to fall.
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