Tuesday 9 August 2011

Egypt stocks tumble on global recession fears (AP)

An Egyptian trader reacts after trading was halted for 30 minutes on the Egyptian Exchange after the benchmark index fell 5 percent, tracking a plunge in other world markets at the stock market, in Cairo, Egypt, Tuesday, Aug. 9, 2011. The Egyptian Exchange's benchmark index plunged, with investors taking their cues from other international markets taking a beating on fears that the downgrade in the U.S.'s credit rating could trigger a new global recession. (AP Photo/Amr Nabil)AP - The Egyptian Exchange's benchmark index plunged Tuesday, with investors taking their cues from other international markets spooked by fears of a global recession.



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