links: October war, CAIRO: Egyptian shareholders' sell-off pushed Egypt's stocks down during the morning sessions despite the purchasing process by foreign and Arab shareholders. Main indexes EGX30, EGX20, EGX70, and EGX 100 declined by 1.7 percent, 1.6 percent, 0.18 percent, and 0.69 percent respectively. Leading shares witnessed a decline including Citadel Share, down by 3.5 percent; Hermes by 7.2 percent; International Commercial Bank by 0.99 percent; Orascom Telecom by 2.3 percent; Ezz Steel by 2.4 percent; Orascom Construction by 3.05; Pioneers by 3.2 percent; and Palm Hills by 0.77 percent. Meanwhile, the Egyptian stock market administration announced October 6 is an official holiday in celebration of the victory of the October War against Israel. The stock market will resume work on October 9.
