Egypt: Deadly violence knocks markets

Egyptian shares slumped the most in more than two weeks yesterday after police moved to disperse two anti- government sit-ins in Cairo, leaving at least 13 dead. The benchmark EGX 30 index retreated 1.1 percent to 5585.12 at 11.11am in Cairo. All but three stocks on the index fell as police moved into the camps at Rabaa and Nahda, where supporters of former president Mohamed Mursi were gathered. The death toll reported by the Health Ministry was disputed by the Muslim Brotherhood, which claims hundreds were killed by security forces. – Bloomberg