Reported about 21 hours ago
Egypt's stock market faced significant losses as investors reacted to intensifying conflicts between Israel and Iran, exacerbated by fears of gas supply interruptions and currency weakness. Meanwhile, Israel's stock index saw a slight increase, bolstered by the defense sector. Broader Middle Eastern markets declined, driven by geopolitical tensions and uncertainty over oil supplies, as concerns mount over the potential for severe disruptions in the wake of ongoing hostilities.
Source: YAHOO