Crowd around the opening bell of Egyptian stock exchange
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Egyptian stock exchange reopens and is forced to close again

The Egyptian stock exchange reopened for the first time in nearly two months but it hardly seemed worth opening at all.

In little more than 60 seconds the market had fallen 10% and was forced to close again.

The index was threatened with being excluded from the MSCI index, a global list or index of exchanges and stocks, that many funds automatically include in their portfolios.

Jonathan Head reports.

  • 23 Mar 2011
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