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Egypt Stocks Rally to New High as Locals Buy on Devaluation Bets bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) The fallout from Saturday’s surprise attack on Israel by the Palestinian group Hamas reverberated through Middle East markets, sending stocks sliding and setting the tone for what’s likely to be a volatile week.Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Evacuations Ordered for Communities Near GazaBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursi ....
Major equities gauges in the region fell Sunday, led by a 7% drop on Israel’s benchmark TA-35 stock index, its biggest loss in more than three years. ....
The surprise attack by Hamas on Israel has had a significant impact on Middle East markets, with stocks falling and creating a volatile week ahead. Israel s benchmark stock index, the TA-35, experienced its largest loss in over three years with a 7% drop. Other major equities gauges in the region also weakened. The conflict between Hamas and Israel threatens to escalate and has caused divisions within Israel s politics and security structure. This, along with the potential economic consequences, has led to concerns about Israel s asset prices and the stability of its markets. ....
LONDON (Reuters) - Turkey's lira took a 7% nosedive on Wednesday as the country's newly re-elected government appeared to be abandoning its costly 18-month strategy of keeping the currency on a tight leash by any means necessary. | 11:47am ....