Arab Today, arab today egyptian stocks tumble after us credit downgrade
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

Egyptian Stocks Tumble After US Credit Downgrade

Arab Today, arab today

Arab Today, arab today Egyptian Stocks Tumble After US Credit Downgrade

Cairo - QNA

Egyptian stocks have started the trading week with a 4.18% per cent decline, falling to 4,813 points in the first hour alone of Sunday trading. Market capitalization of the Egyptian Stock Exchange lost today LE10.2 Billion. The Egyptian stock exchange official reports attribute the loss to the downgrade of the US\'\' credit rating by one of the world\'\'s leading credit rating agencies Standard & Poor\'\'s. The statement said that the impact of the US credit rating downgrade on the global economy seem to be having an impact on the market, with 152 stocks trading in the red and only three trading up. Standard & Poor\'\'s had earlier downgraded the credit rating of the US from AAA, the highest possible grade, by one notch to AA+. This is the first time in history that the US\'\' credit rating was downgraded. The US is currently facing a debt and budget deficit crisis that many economists feel could have a damaging impact on the global economy.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today egyptian stocks tumble after us credit downgrade Arab Today, arab today egyptian stocks tumble after us credit downgrade

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today egyptian stocks tumble after us credit downgrade Arab Today, arab today egyptian stocks tumble after us credit downgrade

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday