Thndr Claps » EGY Claps » EGX 🔔 » EGX Slips Amid Global Omicron Fears📉
The EGX tumbled yesterday amid global fears & uncertainty surrounding Omicron, the “highly transmissible” COVID variant.
Who is affected🤷 The EGX30 & EGX70 fell 1.34% & 1.17%, respectively, following in global stock markets’ footsteps which took a beating over the weekend.
Why is this important🤔 However, neighboring markets experienced much sharper losses. Saudi’s Tadawul index fell 4.53%, while Dubai Financial Market (DFM) fell 5.17%.
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